Cities with the fastest growing home prices in Midland, Michigan metro area

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November 23, 2022
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Cities with the fastest growing home prices in Midland, Michigan metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Midland, MI metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 4 cities and towns with data available were included in the list.

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1 / 4
Stacker

#4. Hope, MI

- 1-year price change: +$10,077 (+5.3%)
- 5-year price change: +$71,251 (+55.4%)
- Typical home value: $199,936 (#2 most expensive city in metro)
2 / 4
Stacker

#3. Sanford, MI

- 1-year price change: +$11,575 (+6.4%)
- 5-year price change: +$68,752 (+56.1%)
- Typical home value: $191,335 (#3 most expensive city in metro)
3 / 4
Stacker

#2. Coleman, MI

- 1-year price change: +$14,584 (+10.6%)
- 5-year price change: +$52,710 (+53.1%)
- Typical home value: $152,037 (#4 most expensive city in metro)
4 / 4
Stacker

#1. Midland, MI

- 1-year price change: +$16,088 (+7.3%)
- 5-year price change: +$81,630 (+53.1%)
- Typical home value: $235,220 (#1 most expensive city in metro)

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