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Highest Home Value in Michigan

Top 100 cities ranked by highest home value

Highest Home Value — Michigan

1 Birmingham $712,700
2 Beverly Hills $488,800
3 East Grand Rapids $488,500
4 Forest Hills $474,800
5 Huntington Woods $470,600
6 Grosse Pointe Park $460,500
7 Northville $455,100
8 Rochester $450,800
9 Ann Arbor $435,100
10 Grosse Pointe Farms $418,600
11 Plymouth $418,200
12 Novi $399,100
13 Troy $396,800
14 Grosse Pointe $391,800
15 Rochester Hills $377,400
16 Lake Fenton $372,800
17 Traverse City $367,600
18 Byron Center $359,400
19 Milford $348,600
20 Okemos $336,800
21 Wixom $336,200
22 Farmington Hills $333,200
23 Grosse Pointe Woods $322,500
24 Petoskey $319,300
25 Saline $310,600
26 New Baltimore $309,800
27 Royal Oak $305,900
28 Brighton $302,800
29 Chelsea $301,100
30 Rockford $294,800
31 Berkley $289,200
32 Allendale $287,600
33 South Lyon $280,900
34 Frankenmuth $277,600
35 Farmington $273,000
36 St. Joseph $271,100
37 Whitmore Lake $270,300
38 Haslett $269,200
39 Walker $266,400
40 Livonia $265,300
41 Northview $262,200
42 Sterling Heights $260,700
43 Hudsonville $260,500
44 Jenison $257,600
45 Marquette $254,100
46 East Lansing $251,600
47 Grandville $251,100
48 Clawson $250,800
49 Kentwood $249,000
50 Zeeland $248,100
51 Portage $243,400
52 Grand Haven $242,400
53 St. Clair $241,700
54 Freeland $241,400
55 Howell $240,700
56 Holland $235,800
57 Auburn Hills $233,900
58 Houghton $233,700
59 Milan $233,700
60 Ferndale $233,600
61 Lambertville $233,500
62 Comstock Northwest $233,100
63 Dundee $233,000
64 Temperance $230,200
65 Grand Blanc $228,000
66 Richmond $228,000
67 Southfield $226,900
68 Grand Rapids $225,500
69 Ypsilanti $223,700
70 Waverly $222,300
71 Woodhaven $221,200
72 Utica $216,800
73 Comstock Park $216,600
74 Norton Shores $214,000
75 Holt $213,200
76 Walled Lake $213,000
77 Fenton $211,700
78 New Haven $207,600
79 Dearborn $205,900
80 Wyoming $203,900
81 Trenton $202,400
82 Flat Rock $201,400
83 Cutlerville $200,900
84 Riverview $200,500
85 Oak Park $198,500
86 St. Clair Shores $196,400
87 Mason $194,600
88 Fraser $193,600
89 Tecumseh $193,600
90 Ludington $192,800
91 Midland $192,400
92 Madison Heights $190,300
93 Flushing $189,500
94 Grand Ledge $189,300
95 Westwood $187,300
96 Marysville $185,500
97 Warren $181,900
98 South Monroe $176,900
99 Westland $176,500
100 St. Johns $175,300

The most expensive housing markets in Michigan reflect areas of high demand, limited supply, and strong local economies. Birmingham leads with a median home value of $712,700. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Birmingham costs $712,700 — 2.0x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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