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Statistics · Region
Home price change in Michigan
1976 – 2025 · 50 data points
10 of 51 · Regions of United States
Updated Oct 21, 2026
Source: Federal Housing Finance Agency — House Price Index (annual), 1976 – 2025
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Latest value · 2025
4.7%
Regions of United States · 2025
10 of 51
Place 1 is the highest value.
Home price change, 1976 – 2025 percent · Michigan
4.7%
2025
Source: Federal Housing Finance Agency — House Price Index (annual), 1976 – 2025
The series at a glance Michigan · 1976 – 2025
Latest value
4.7% · 2025
First value
3.3% · 1976
Highest
18.9% · 1979
Lowest
-12.6% · 1982
Data points
50
By year
All years · 1976 – 2025
| Year | Michigan | Change |
|---|---|---|
| 2025 | 4.7% | |
| 2024 | 6.6% | |
| 2023 | 7.3% | |
| 2022 | 13.4% | |
| 2021 | 11.6% | |
| 2020 | 3.2% | |
| 2019 | 5.0% | |
| 2018 | 6.5% | |
| 2017 | 6.8% | |
| 2016 | 5.3% | |
| 2015 | 5.0% | |
| 2014 | 8.0% | |
| 2013 | 5.6% | |
| 2012 | -0.6% | |
| 2011 | -4.0% | |
| 2010 | -7.9% | |
| 2009 | -8.1% | |
| 2008 | -6.9% | |
| 2007 | -4.4% | |
| 2006 | -1.2% | |
| 2005 | 3.3% | |
| 2004 | 3.2% | |
| 2003 | 2.0% | |
| 2002 | 3.1% | |
| 2001 | 5.0% | |
| 2000 | 8.2% | |
| 1999 | 6.0% | |
| 1998 | 4.9% | |
| 1997 | 7.9% | |
| 1996 | 6.7% | |
| 1995 | 8.0% | |
| 1994 | 4.5% | |
| 1993 | 1.8% | |
| 1992 | 2.3% | |
| 1991 | 3.3% | |
| 1990 | 4.9% | |
| 1989 | 6.8% | |
| 1988 | 8.7% | |
| 1987 | 8.9% | |
| 1986 | 7.5% | |
| 1985 | 4.2% | |
| 1984 | 0.9% | |
| 1983 | 5.4% | |
| 1982 | -12.6% | |
| 1981 | 3.8% | |
| 1980 | 6.2% | |
| 1979 | 18.9% | |
| 1978 | 16.3% | |
| 1977 | 9.5% | |
| 1976 | 3.3% |
Source: Federal Housing Finance Agency — House Price Index (annual), 1976 – 2025
Ranking · Regions of United States
2025 · Place 1 is the highest value.
| # | Territory | Home price change | |
|---|---|---|---|
| 1 | New Jersey | 6.2% | |
| 2 | Connecticut | 6.1% | |
| 3 | New York | 6.0% | |
| 4 | Illinois | 5.7% | |
| 5 | Wisconsin | 5.4% | |
| 6 | Rhode Island | 5.4% | |
| 7 | North Dakota | 5.1% | |
| 8 | Ohio | 4.8% | |
| 9 | Pennsylvania | 4.7% | |
| 10 | Michigan | 4.7% | |
| 11 | Maine | 4.7% | |
| 12 | New Hampshire | 4.7% | |
| 13 | Indiana | 4.3% | |
| 14 | West Virginia | 4.1% | |
| 15 | Wyoming | 4.1% | |
| 16 | Alaska | 4.1% | |
| 17 | Kansas | 4.0% | |
| 18 | Kentucky | 3.9% | |
| 19 | Missouri | 3.7% | |
| 20 | Virginia | 3.7% | |
| 21 | Massachusetts | 3.6% | |
| 22 | Vermont | 3.6% | |
| 23 | South Carolina | 3.6% | |
| 24 | Mississippi | 3.5% | |
| 25 | Arkansas | 3.4% | |
| 26 | Nebraska | 3.3% | |
| 27 | Iowa | 3.2% | |
| 28 | Delaware | 3.2% | |
| 29 | South Dakota | 3.1% | |
| 30 | New Mexico | 3.1% | |
| 31 | Hawaii | 2.9% | |
| 32 | Minnesota | 2.8% | |
| 33 | Maryland | 2.6% | |
| 34 | Oklahoma | 2.6% | |
| 35 | North Carolina | 2.5% | |
| 36 | Alabama | 2.5% | |
| 37 | Utah | 2.4% | |
| 38 | Tennessee | 2.4% | |
| 39 | Idaho | 2.3% | |
| 40 | Montana | 2.3% | |
| 41 | Nevada | 2.2% | |
| 42 | Georgia | 2.2% | |
| 43 | Washington | 1.8% | |
| 44 | Louisiana | 1.8% | |
| 45 | Arizona | 0.9% | |
| 46 | Oregon | 0.9% | |
| 47 | Texas | 0.8% | |
| 48 | California | 0.8% | |
| 49 | District of Columbia | 0.4% | |
| 50 | Colorado | 0.1% | |
| 51 | Florida | -0.5% |
Source: Federal Housing Finance Agency — House Price Index (annual), 2025
What it means
How much home prices rose or fell over the year.
How it is calculated
Change in the house price index from the year before, in percent.
Housing
Michigan in numbers