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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

2022 · Place 1 is the highest value.

#TerritoryHome price change
51 District of Columbia 7.5%
50 Louisiana 10.3%
49 North Dakota 10.4%
48 West Virginia 10.7%
47 Maryland 11.5%
46 Minnesota 12.1%
45 Illinois 12.1%
44 Alaska 12.2%
43 Iowa 12.7%
42 New York 12.7%
41 Pennsylvania 12.9%
40 Massachusetts 13.2%
39 Michigan 13.4%
38 Connecticut 13.8%
37 Ohio 13.8%
36 Kansas 13.8%
35 Virginia 13.9%
34 Delaware 14.0%
33 Oregon 14.1%
32 Mississippi 14.1%
31 Kentucky 14.3%
30 Nebraska 14.5%
29 Wyoming 14.6%
28 Wisconsin 14.7%
27 New Mexico 14.7%
26 New Jersey 14.9%
25 Oklahoma 15.2%
24 Indiana 15.2%
23 Missouri 15.2%
22 Rhode Island 15.8%
21 California 15.8%
20 Alabama 15.9%
19 Vermont 16.1%
18 New Hampshire 16.2%
17 Colorado 16.4%
16 Arkansas 16.5%
15 Washington 16.9%
14 South Dakota 17.2%
13 Maine 18.1%
12 Nevada 18.3%
11 Texas 18.4%
10 Hawaii 18.9%
9 South Carolina 19.5%
8 Idaho 19.9%
7 Utah 20.1%
6 Georgia 20.5%
5 Montana 20.7%
4 North Carolina 20.9%
3 Tennessee 21.3%
2 Arizona 21.3%
1 Florida 23.9%

section.source: Federal Housing Finance Agency — House Price Index (annual), 2022

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.