Cities with the fastest-growing home prices in Michigan
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $356,776 in January, 2.6% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in Michigan using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending January 2025. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Michigan.
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#50. Caledonia
- Typical home value: $421,872
- 1-year price change: +$23,618 (+5.9%)
- 5-year price change: +$134,796 (+47.0%)
- Metro area: Grand Rapids-Kentwood, MI
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#49. Maple City
- Typical home value: $557,255
- 1-year price change: +$23,633 (+4.4%)
- 5-year price change: +$212,819 (+61.8%)
- Metro area: Traverse City, MI
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#48. Lake Orion
- Typical home value: $377,482
- 1-year price change: +$23,961 (+6.8%)
- 5-year price change: +$109,513 (+40.9%)
- Metro area: Detroit-Warren-Dearborn, MI
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#47. Brandon
- Typical home value: $400,769
- 1-year price change: +$23,967 (+6.4%)
- 5-year price change: +$123,421 (+44.5%)
- Metro area: Detroit-Warren-Dearborn, MI
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#46. Alpine
- Typical home value: $353,801
- 1-year price change: +$24,110 (+7.3%)
- 5-year price change: +$115,568 (+48.5%)
- Metro area: Grand Rapids-Kentwood, MI
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#45. Byron Center
- Typical home value: $438,306
- 1-year price change: +$24,232 (+5.9%)
- 5-year price change: +$128,732 (+41.6%)
- Metro area: Grand Rapids-Kentwood, MI
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#44. Shelbyville
- Typical home value: $318,449
- 1-year price change: +$24,292 (+8.3%)
- 5-year price change: +$120,487 (+60.9%)
- Metro area: Holland, MI
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#43. Macomb
- Typical home value: $398,993
- 1-year price change: +$24,462 (+6.5%)
- 5-year price change: +$120,002 (+43.0%)
- Metro area: Detroit-Warren-Dearborn, MI
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#42. New Hudson
- Typical home value: $428,156
- 1-year price change: +$24,578 (+6.1%)
- 5-year price change: +$124,039 (+40.8%)
- Metro area: Detroit-Warren-Dearborn, MI
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#41. Ann Arbor
- Typical home value: $491,353
- 1-year price change: +$24,718 (+5.3%)
- 5-year price change: +$117,962 (+31.6%)
- Metro area: Ann Arbor, MI
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#40. Kincheloe
- Typical home value: $105,868
- 1-year price change: +$24,764 (+30.5%)
- 5-year price change: +$36,572 (+52.8%)
- Metro area: Sault Ste. Marie, MI
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#39. Westphalia
- Typical home value: $309,779
- 1-year price change: +$24,972 (+8.8%)
- 5-year price change: +$103,533 (+50.2%)
- Metro area: Lansing-East Lansing, MI
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#38. Rochester Hills
- Typical home value: $429,118
- 1-year price change: +$25,032 (+6.2%)
- 5-year price change: +$131,083 (+44.0%)
- Metro area: Detroit-Warren-Dearborn, MI
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#37. Lake Ann
- Typical home value: $381,003
- 1-year price change: +$25,606 (+7.2%)
- 5-year price change: +$163,806 (+75.4%)
- Metro area: Traverse City, MI
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#36. Lowell
- Typical home value: $366,392
- 1-year price change: +$25,619 (+7.5%)
- 5-year price change: +$129,563 (+54.7%)
- Metro area: Grand Rapids-Kentwood, MI
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#35. Greenbush
- Typical home value: $228,083
- 1-year price change: +$25,919 (+12.8%)
- 5-year price change: +$56,210 (+32.7%)
- Metro area: not in a metro area
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#34. Plainfield
- Typical home value: $372,652
- 1-year price change: +$26,027 (+7.5%)
- 5-year price change: +$121,705 (+48.5%)
- Metro area: Grand Rapids-Kentwood, MI
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#33. Northville
- Typical home value: $541,094
- 1-year price change: +$26,422 (+5.1%)
- 5-year price change: +$136,412 (+33.7%)
- Metro area: Detroit-Warren-Dearborn, MI
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#32. Troy
- Typical home value: $420,420
- 1-year price change: +$27,085 (+6.9%)
- 5-year price change: +$121,602 (+40.7%)
- Metro area: Detroit-Warren-Dearborn, MI
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#31. Huntington Woods
- Typical home value: $482,648
- 1-year price change: +$27,572 (+6.1%)
- 5-year price change: +$124,360 (+34.7%)
- Metro area: Detroit-Warren-Dearborn, MI
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#30. Williamsburg
- Typical home value: $423,975
- 1-year price change: +$27,664 (+7.0%)
- 5-year price change: +$166,011 (+64.4%)
- Metro area: Traverse City, MI
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#29. Ray
- Typical home value: $378,494
- 1-year price change: +$28,152 (+8.0%)
- 5-year price change: +$125,261 (+49.5%)
- Metro area: Detroit-Warren-Dearborn, MI
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#28. Dryden
- Typical home value: $372,119
- 1-year price change: +$28,172 (+8.2%)
- 5-year price change: +$131,776 (+54.8%)
- Metro area: Detroit-Warren-Dearborn, MI
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#27. Rockford
- Typical home value: $413,035
- 1-year price change: +$28,364 (+7.4%)
- 5-year price change: +$140,703 (+51.7%)
- Metro area: Grand Rapids-Kentwood, MI
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#26. Copper Harbor
- Typical home value: $255,623
- 1-year price change: +$28,847 (+12.7%)
- 5-year price change: data not available
- Metro area: Houghton, MI
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#25. Bingham Farms
- Typical home value: $553,007
- 1-year price change: +$29,674 (+5.7%)
- 5-year price change: +$137,267 (+33.0%)
- Metro area: Detroit-Warren-Dearborn, MI
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#24. Lakeside
- Typical home value: $778,045
- 1-year price change: +$29,849 (+4.0%)
- 5-year price change: +$270,296 (+53.2%)
- Metro area: Niles, MI
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#23. Somerset Center
- Typical home value: $330,132
- 1-year price change: +$30,085 (+10.0%)
- 5-year price change: +$88,317 (+36.5%)
- Metro area: Hillsdale, MI
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#22. Kewadin
- Typical home value: $786,303
- 1-year price change: +$30,804 (+4.1%)
- 5-year price change: +$366,055 (+87.1%)
- Metro area: not in a metro area
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#21. Beverly Hills
- Typical home value: $515,901
- 1-year price change: +$32,281 (+6.7%)
- 5-year price change: +$146,279 (+39.6%)
- Metro area: Detroit-Warren-Dearborn, MI
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#20. Bloomfield Hills
- Typical home value: $604,664
- 1-year price change: +$32,522 (+5.7%)
- 5-year price change: +$180,201 (+42.5%)
- Metro area: Detroit-Warren-Dearborn, MI
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#19. Northport
- Typical home value: $719,165
- 1-year price change: +$33,330 (+4.9%)
- 5-year price change: +$268,202 (+59.5%)
- Metro area: Traverse City, MI
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#18. Oakland
- Typical home value: $595,062
- 1-year price change: +$33,388 (+5.9%)
- 5-year price change: +$171,585 (+40.5%)
- Metro area: Detroit-Warren-Dearborn, MI
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#17. Lake Leelanau
- Typical home value: $787,826
- 1-year price change: +$33,897 (+4.5%)
- 5-year price change: +$297,161 (+60.6%)
- Metro area: Traverse City, MI
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#16. Orchard Lake
- Typical home value: $861,327
- 1-year price change: +$34,353 (+4.2%)
- 5-year price change: +$248,229 (+40.5%)
- Metro area: Detroit-Warren-Dearborn, MI
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#15. Grosse Pointe Shores
- Typical home value: $698,423
- 1-year price change: +$34,492 (+5.2%)
- 5-year price change: +$180,581 (+34.9%)
- Metro area: Detroit-Warren-Dearborn, MI
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#14. East Grand Rapids
- Typical home value: $597,858
- 1-year price change: +$35,617 (+6.3%)
- 5-year price change: +$213,479 (+55.5%)
- Metro area: Grand Rapids-Kentwood, MI
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#13. Belmont
- Typical home value: $438,552
- 1-year price change: +$36,378 (+9.0%)
- 5-year price change: +$140,051 (+46.9%)
- Metro area: Grand Rapids-Kentwood, MI
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#12. Lake Angelus
- Typical home value: $1,591,725
- 1-year price change: +$37,105 (+2.4%)
- 5-year price change: +$484,140 (+43.7%)
- Metro area: Detroit-Warren-Dearborn, MI
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#11. Cascade
- Typical home value: $533,663
- 1-year price change: +$37,488 (+7.6%)
- 5-year price change: +$178,630 (+50.3%)
- Metro area: Grand Rapids-Kentwood, MI
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#10. Glen Arbor
- Typical home value: $578,133
- 1-year price change: +$37,923 (+7.0%)
- 5-year price change: +$212,621 (+58.2%)
- Metro area: Traverse City, MI
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#9. Ada
- Typical home value: $570,247
- 1-year price change: +$38,436 (+7.2%)
- 5-year price change: data not available
- Metro area: Grand Rapids-Kentwood, MI
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#8. Union Pier
- Typical home value: $738,814
- 1-year price change: +$40,127 (+5.7%)
- 5-year price change: +$277,197 (+60.0%)
- Metro area: Niles, MI
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#7. Harbert
- Typical home value: $667,885
- 1-year price change: +$40,953 (+6.5%)
- 5-year price change: +$252,552 (+60.8%)
- Metro area: Niles, MI
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#6. Saugatuck
- Typical home value: $560,241
- 1-year price change: +$43,381 (+8.4%)
- 5-year price change: +$230,068 (+69.7%)
- Metro area: Holland, MI
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#5. Birmingham
- Typical home value: $660,403
- 1-year price change: +$46,293 (+7.5%)
- 5-year price change: +$174,867 (+36.0%)
- Metro area: Detroit-Warren-Dearborn, MI
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#4. Franklin
- Typical home value: $793,208
- 1-year price change: +$57,110 (+7.8%)
- 5-year price change: +$244,142 (+44.5%)
- Metro area: Detroit-Warren-Dearborn, MI
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#3. Douglas
- Typical home value: $625,770
- 1-year price change: +$59,120 (+10.4%)
- 5-year price change: +$229,351 (+57.9%)
- Metro area: Holland, MI
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#2. Mackinac Island
- Typical home value: $556,171
- 1-year price change: +$64,529 (+13.1%)
- 5-year price change: +$210,993 (+61.1%)
- Metro area: not in a metro area
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#1. Leland
- Typical home value: $1,048,330
- 1-year price change: +$68,148 (+7.0%)
- 5-year price change: +$468,758 (+80.9%)
- Metro area: Traverse City, MI