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housing section.name · section.levels.region

Home price change in Michigan

1976 – 2025 · 50 data points section.rank · Regions of United States section.updated Oct 22, 2026

section.source: Federal Housing Finance Agency — House Price Index (annual), 1976 – 2025

Home price change, 1976 – 2025 percent · Michigan
 
 
 
 
1980 
 
 
 
 
 
 
 
 
1989 
 
 
 
 
 
 
 
 
1998 
 
 
 
 
 
 
 
 
2007 
 
 
 
 
 
 
 
 
2016 
 
 
 
 
 
 
 
 
4.7%
2025 

section.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

section.all_years · 1976 – 2025

YearMichiganChange
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%

section.source: Federal Housing Finance Agency — House Price Index (annual), 1976 – 2025

Ranking · Regions of United States

2025 · Place 1 is the highest value.

#TerritoryHome price change
36 Alabama 2.5%
16 Alaska 4.1%
45 Arizona 0.9%
25 Arkansas 3.4%
48 California 0.8%
50 Colorado 0.1%
2 Connecticut 6.1%
28 Delaware 3.2%
49 District of Columbia 0.4%
51 Florida -0.5%
42 Georgia 2.2%
31 Hawaii 2.9%
39 Idaho 2.3%
4 Illinois 5.7%
13 Indiana 4.3%
27 Iowa 3.2%
17 Kansas 4.0%
18 Kentucky 3.9%
44 Louisiana 1.8%
11 Maine 4.7%
33 Maryland 2.6%
21 Massachusetts 3.6%
10 Michigan 4.7%
32 Minnesota 2.8%
24 Mississippi 3.5%
19 Missouri 3.7%
40 Montana 2.3%
26 Nebraska 3.3%
41 Nevada 2.2%
12 New Hampshire 4.7%
1 New Jersey 6.2%
30 New Mexico 3.1%
3 New York 6.0%
35 North Carolina 2.5%
7 North Dakota 5.1%
8 Ohio 4.8%
34 Oklahoma 2.6%
46 Oregon 0.9%
9 Pennsylvania 4.7%
6 Rhode Island 5.4%
23 South Carolina 3.6%
29 South Dakota 3.1%
38 Tennessee 2.4%
47 Texas 0.8%
37 Utah 2.4%
22 Vermont 3.6%
20 Virginia 3.7%
43 Washington 1.8%
14 West Virginia 4.1%
5 Wisconsin 5.4%
15 Wyoming 4.1%

section.source: Federal Housing Finance Agency — House Price Index (annual), 2025

section.what

How much home prices rose or fell over the year.

section.how

Change in the house price index from the year before, in percent.