Cities with the fastest growing home prices in Muskegon metro area

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February 22, 2023
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Cities with the fastest growing home prices in Muskegon 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 Muskegon, MI metro area using data from Zillow. Cities are ranked by 1-year price change as of January 2023. The typical home value in the United States increased over the last year by +6.2% to $329,542. All 15 cities and towns with data available were included in the list.

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1 / 15
Stacker

#15. Twin Lake, MI

- 1-year price change: +$9,612 (+3.8%)
- 5-year price change: +$101,193 (+62.5%)
- Typical home value: $263,015 (#3 most expensive city in metro)
2 / 15
Stacker

#14. Wolf Lake, MI

- 1-year price change: +$9,889 (+5.8%)
- 5-year price change: +$72,437 (+67.0%)
- Typical home value: $180,621 (#12 most expensive city in metro)
3 / 15
Stacker

#13. Norton Shores, MI

- 1-year price change: +$9,893 (+4.4%)
- 5-year price change: +$84,874 (+56.1%)
- Typical home value: $236,239 (#6 most expensive city in metro)
4 / 15
Stacker

#12. Roosevelt Park, MI

- 1-year price change: +$11,902 (+6.2%)
- 5-year price change: +$59,356 (+41.2%)
- Typical home value: $203,556 (#10 most expensive city in metro)
5 / 15
Stacker

#11. Muskegon Heights, MI

- 1-year price change: +$11,935 (+24.0%)
- 5-year price change: +$38,380 (+164.8%)
- Typical home value: $61,666 (#15 most expensive city in metro)

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6 / 15
Stacker

#10. Bailey, MI

- 1-year price change: +$12,832 (+6.0%)
- 5-year price change: +$84,574 (+59.0%)
- Typical home value: $228,018 (#8 most expensive city in metro)
7 / 15
Stacker

#9. North Muskegon, MI

- 1-year price change: +$14,461 (+5.9%)
- 5-year price change: +$87,236 (+51.2%)
- Typical home value: $257,607 (#4 most expensive city in metro)
8 / 15
Stacker

#8. Whitehall, MI

- 1-year price change: +$15,574 (+6.3%)
- 5-year price change: +$99,757 (+61.0%)
- Typical home value: $263,213 (#2 most expensive city in metro)
9 / 15
Stacker

#7. Muskegon, MI

- 1-year price change: +$16,447 (+12.4%)
- 5-year price change: +$75,540 (+102.3%)
- Typical home value: $149,385 (#14 most expensive city in metro)
10 / 15
Stacker

#6. Montague, MI

- 1-year price change: +$16,935 (+8.6%)
- 5-year price change: +$85,628 (+66.5%)
- Typical home value: $214,400 (#9 most expensive city in metro)

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11 / 15
Stacker

#5. Holton, MI

- 1-year price change: +$16,982 (+10.3%)
- 5-year price change: +$80,452 (+78.9%)
- Typical home value: $182,365 (#11 most expensive city in metro)
12 / 15
Stacker

#4. Ravenna, MI

- 1-year price change: +$18,828 (+8.7%)
- 5-year price change: +$87,811 (+59.7%)
- Typical home value: $234,841 (#7 most expensive city in metro)
13 / 15
Stacker

#3. Lakewood Club, MI

- 1-year price change: +$20,271 (+12.7%)
- 5-year price change: +$80,646 (+80.9%)
- Typical home value: $180,335 (#13 most expensive city in metro)
14 / 15
Stacker

#2. Fruitport, MI

- 1-year price change: +$23,730 (+9.5%)
- 5-year price change: +$100,168 (+58.0%)
- Typical home value: $272,838 (#1 most expensive city in metro)
15 / 15
Stacker

#1. Casnovia, MI

- 1-year price change: +$26,988 (+11.8%)
- 5-year price change: +$96,727 (+61.2%)
- Typical home value: $254,879 (#5 most expensive city in metro)

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