Cities with the fastest growing home prices in Muskegon metro area

Written by:
November 23, 2022
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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 September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 15 cities and towns with data available were included in the list.

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1 / 15
Stacker

#15. Muskegon Heights, Muskegon Heights

- 1-year price change: +$16,593 (+30.6%)
- 5-year price change: +$42,662 (+151.9%)
- Typical home value: $70,754 (#15 most expensive city in metro)
2 / 15
Stacker

#14. Muskegon, Muskegon

- 1-year price change: +$17,852 (+12.6%)
- 5-year price change: +$81,706 (+105.2%)
- Typical home value: $159,339 (#14 most expensive city in metro)
3 / 15
Stacker

#13. Wolf Lake, Wolf Lake

- 1-year price change: +$19,841 (+11.6%)
- 5-year price change: +$88,916 (+86.6%)
- Typical home value: $191,599 (#12 most expensive city in metro)
4 / 15
Stacker

#12. Holton, Holton

- 1-year price change: +$22,147 (+12.1%)
- 5-year price change: +$83,385 (+68.6%)
- Typical home value: $205,007 (#11 most expensive city in metro)
5 / 15
Stacker

#11. Roosevelt Park, Roosevelt Park

- 1-year price change: +$24,310 (+12.6%)
- 5-year price change: +$95,373 (+78.4%)
- Typical home value: $217,020 (#10 most expensive city in metro)

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6 / 15
Stacker

#10. Norton Shores, Norton Shores

- 1-year price change: +$27,827 (+12.0%)
- 5-year price change: +$110,275 (+73.7%)
- Typical home value: $259,962 (#5 most expensive city in metro)
7 / 15
Stacker

#9. Montague, Montague

- 1-year price change: +$27,958 (+12.5%)
- 5-year price change: +$105,629 (+72.4%)
- Typical home value: $251,465 (#9 most expensive city in metro)
8 / 15
Stacker

#8. North Muskegon, North Muskegon

- 1-year price change: +$27,969 (+11.4%)
- 5-year price change: +$111,732 (+69.6%)
- Typical home value: $272,280 (#4 most expensive city in metro)
9 / 15
Stacker

#7. Ravenna, Ravenna

- 1-year price change: +$28,053 (+12.4%)
- 5-year price change: +$109,295 (+75.4%)
- Typical home value: $254,210 (#7 most expensive city in metro)
10 / 15
Stacker

#6. Lakewood Club, Lakewood Club

- 1-year price change: +$28,389 (+17.7%)
- 5-year price change: +$90,827 (+92.9%)
- Typical home value: $188,571 (#13 most expensive city in metro)

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11 / 15
Stacker

#5. Fruitport, Fruitport

- 1-year price change: +$30,565 (+11.6%)
- 5-year price change: +$121,533 (+70.7%)
- Typical home value: $293,489 (#1 most expensive city in metro)
12 / 15
Stacker

#4. Twin Lake, Twin Lake

- 1-year price change: +$30,968 (+12.3%)
- 5-year price change: +$121,749 (+75.4%)
- Typical home value: $283,271 (#3 most expensive city in metro)
13 / 15
Stacker

#3. Casnovia, Casnovia

- 1-year price change: +$31,605 (+14.3%)
- 5-year price change: +$101,458 (+67.2%)
- Typical home value: $252,407 (#8 most expensive city in metro)
14 / 15
Stacker

#2. Whitehall, Whitehall

- 1-year price change: +$34,748 (+13.5%)
- 5-year price change: +$126,657 (+76.3%)
- Typical home value: $292,596 (#2 most expensive city in metro)
15 / 15
Stacker

#1. Bailey, Bailey

- 1-year price change: +$35,890 (+16.4%)
- 5-year price change: +$109,080 (+74.8%)
- Typical home value: $254,935 (#6 most expensive city in metro)

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