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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

2014 · Place 1 is the highest value.

#TerritoryHome price change
51 Connecticut -0.1%
50 Vermont 0.2%
49 Alabama 1.3%
48 New Mexico 1.4%
47 Arkansas 1.5%
46 Kentucky 1.6%
45 Wisconsin 1.6%
44 Maine 1.7%
43 Mississippi 1.8%
42 Pennsylvania 1.9%
41 Iowa 2.3%
40 Indiana 2.4%
39 Delaware 2.4%
38 New York 2.4%
37 North Carolina 2.6%
36 Alaska 2.6%
35 Missouri 2.6%
34 West Virginia 2.6%
33 Louisiana 2.6%
32 New Jersey 2.8%
31 Kansas 2.8%
30 South Carolina 2.9%
29 Rhode Island 3.0%
28 Virginia 3.0%
27 Oklahoma 3.1%
26 Ohio 3.3%
25 Maryland 3.4%
24 South Dakota 3.4%
23 Wyoming 3.5%
22 Illinois 3.7%
21 New Hampshire 3.8%
20 Nebraska 3.8%
19 Tennessee 4.2%
18 Montana 4.9%
17 Massachusetts 5.2%
16 Minnesota 5.7%
15 Utah 6.8%
14 Idaho 6.9%
13 Texas 7.6%
12 Georgia 7.8%
11 Hawaii 7.8%
10 North Dakota 7.9%
9 Michigan 8.0%
8 Washington 8.0%
7 Colorado 9.2%
6 District of Columbia 9.2%
5 Oregon 9.6%
4 Arizona 10.3%
3 Florida 10.4%
2 California 14.1%
1 Nevada 18.0%

section.source: Federal Housing Finance Agency — House Price Index (annual), 2014

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.