What Is The Average Cost Of A House In Michigan?

What Is The Average Cost Of A House In Michigan?

Be sure to subscribe to her YouTube channel for all of your real estate tips, home tours and advice!

The average home values in Michigan are in a range of $230,000 and $240,000 based on year ending December 2022. The reason there is a range here is because I’ve gathered information from different resources to make sure I’m giving you the most accurate and up to date information.

Also, based on December 2021 to December 2022, the range of of the increase in the average home value is between 8 and 13%. So if you have any questions, leave a comment below. Please share this information with anyone you think this would be helpful to and as always, close with Patrice.

As discussed in the market update that we published in January, it seems that this year may still be a seller’s market but nothing like it was in 2021 and 2022. If a home is priced well, in a desirable area and updated, it will most likely sell for the asking price or have a bidding war. However, the homes that need updating, may not be a in a desirable area or are overpriced, will likely sit on the market longer and sell for less money.

If you’re considering buying or selling this year, it will be even more essential to have a great realtor or broker on your side to assist you in this shifting market. If you want us to help you be sure to schedule a FREE consultation with us. Sellers can schedule there’s here and buyer’s can schedule there’s here.

This has been “What Is The Average Cost Of A House In Michigan?” by Patrice Henderson of Designed Living Real Estate. Be sure to subscribe to her YouTube channel for all your real estate tips, home tours and advice. Get your FREE listing consultation or home evaluation to find out if the value of your home is over the average cost of a house in Michigan.