Cities with the most expensive homes in Midland, Michigan metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. Given the current state of the real estate market, plays a determining role for buyers. As of April 4, 2023, the sits at 6.3%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by 4.4% to $328,604.

Although home prices have inflated all across the U.S., there are definitely certain areas that have a higher price tag than others. Location, size, age, and condition are all contributing factors to home value. Whether you choose to hold off your home-buying plans in hopes of the market cooling down or are looking to buy ASAP, it's good to educate yourself on the market in different cities.

compiled a list of cities with the most expensive homes in MidlandMI using data from . Cities are ranked by the Zillow Home Values Index for all homes as of February 2023. The ZVHI represents a seasonally adjusted price for the middle market for all homes. All 4 cities and towns with data available were included in the list. Charts for each city show the monthly typical home value since January 2018.

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1 / 4

#4. Coleman, MI

- Typical home value: $130,796
- 1-year price change: +10.6%
- 5-year price change: +66.6%

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2 / 4

#3. Sanford, MI

- Typical home value: $157,355
- 1-year price change: +6.2%
- 5-year price change: +44.6%

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3 / 4

#2. Hope, MI

- Typical home value: $160,081
- 1-year price change: +6.2%
- 5-year price change: +50.0%

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4 / 4

#1. Midland, MI

- Typical home value: $195,435
- 1-year price change: +7.0%
- 5-year price change: +49.7%

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