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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

2019 · Place 1 is the highest value.

#TerritoryHome price change
51 West Virginia 2.0%
50 Alaska 2.1%
49 Louisiana 2.2%
48 Connecticut 2.2%
47 North Dakota 2.3%
46 Illinois 2.6%
45 Maryland 2.8%
44 Hawaii 2.9%
43 Iowa 3.2%
42 California 3.2%
41 Mississippi 3.3%
40 New Jersey 3.3%
39 Arkansas 3.4%
38 Delaware 3.6%
37 Vermont 3.7%
36 New York 3.8%
35 Oklahoma 3.8%
34 District of Columbia 3.8%
33 Virginia 3.9%
32 Pennsylvania 4.0%
31 Kansas 4.0%
30 Kentucky 4.2%
29 Minnesota 4.2%
28 Massachusetts 4.2%
27 South Dakota 4.4%
26 Oregon 4.4%
25 Wyoming 4.4%
24 Rhode Island 4.4%
23 Texas 4.6%
22 Alabama 4.6%
21 Missouri 4.8%
20 Colorado 4.8%
19 Wisconsin 4.9%
18 Ohio 4.9%
17 New Mexico 4.9%
16 Maine 5.0%
15 Montana 5.0%
14 Michigan 5.0%
13 Nebraska 5.2%
12 New Hampshire 5.2%
11 South Carolina 5.2%
10 North Carolina 5.5%
9 Florida 5.5%
8 Indiana 5.5%
7 Tennessee 5.6%
6 Georgia 5.8%
5 Washington 5.8%
4 Nevada 6.3%
3 Arizona 6.8%
2 Utah 7.5%
1 Idaho 11.2%

section.source: Federal Housing Finance Agency — House Price Index (annual), 2019

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.