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housing section.name · section.levels.region

House price index in Michigan

1975 – 2025 · 51 data points section.rank · Regions of United States section.updated Oct 22, 2026
housing · Michigan

section.source: Federal Housing Finance Agency — House Price Index (annual), 1975 – 2025

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Latest value · 2025 196.7 +4.7% section.change_since
Regions of United States · 2025 section.rank Place 1 is the highest value.
section.change_since +97% +4.2% a year on average
House price index, 1975 – 2025 index, 2000 = 100
+97% section.change_since

section.source: Federal Housing Finance Agency — House Price Index (annual), 1975 – 2025

The series at a glance Michigan · 1975 – 2025
Latest value 196.7 · 2025
First value 24.9 · 1975
Highest 196.7 · 2025
Lowest 24.9 · 1975
Average change +4.2% a year on average
Data points 51

By year

section.all_years · 1975 – 2025

YearMichiganChange
2025 196.7 +4.7%
2024 187.8 +6.6%
2023 176.1 +7.3%
2022 164.1 +13%
2021 144.7 +12%
2020 129.7 +3.2%
2019 125.7 +5.0%
2018 119.8 +6.5%
2017 112.4 +6.7%
2016 105.3 +5.3%
2015 100.0 +4.9%
2014 95.3 +8.0%
2013 88.2 +5.6%
2012 83.6 −0.6%
2011 84.1 −4.0%
2010 87.5 −7.9%
2009 95.0 −8.1%
2008 103.5 −6.9%
2007 111.2 −4.4%
2006 116.4 −1.2%
2005 117.8 +3.3%
2004 114.0 +3.2%
2003 110.4 +2.0%
2002 108.3 +3.1%
2001 105.0 +5.0%
2000 100.0 +8.2%
1999 92.4 +6.0%
1998 87.2 +4.9%
1997 83.2 +7.9%
1996 77.1 +6.7%
1995 72.3 +8.1%
1994 66.9 +4.5%
1993 64.0 +1.8%
1992 62.8 +2.3%
1991 61.4 +3.3%
1990 59.4 +4.9%
1989 56.6 +6.8%
1988 53.0 +8.7%
1987 48.8 +8.9%
1986 44.8 +7.5%
1985 41.6 +4.2%
1984 40.0 +0.9%
1983 39.6 +5.3%
1982 37.6 −13%
1981 43.0 +3.8%
1980 41.4 +6.2%
1979 39.0 +19%
1978 32.8 +16%
1977 28.2 +9.5%
1976 25.8 +3.3%
1975 24.9

section.source: Federal Housing Finance Agency — House Price Index (annual), 1975 – 2025

Ranking · Regions of United States

2024 · Place 1 is the highest value.

Year: 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Highest first Lowest first A–Z
#TerritoryHouse price index
44 Alabama 215.9
31 Alaska 249.9
7 Arizona 325.0
38 Arkansas 228.8
8 California 321.7
18 Colorado 284.2
42 Connecticut 219.7
29 Delaware 252.6
1 District of Columbia 396.8
2 Florida 366.1
33 Georgia 242.1
3 Hawaii 365.3
4 Idaho 358.0
51 Illinois 185.1
43 Indiana 216.8
45 Iowa 212.6
39 Kansas 228.2
40 Kentucky 227.1
46 Louisiana 204.1
11 Maine 302.0
26 Maryland 261.1
25 Massachusetts 266.2
50 Michigan 187.8
41 Minnesota 220.4
47 Mississippi 199.5
37 Missouri 229.5
5 Montana 346.3
35 Nebraska 239.3
12 Nevada 298.4
15 New Hampshire 292.8
22 New Jersey 274.3
32 New Mexico 243.4
24 New York 272.9
28 North Carolina 253.2
21 North Dakota 277.3
48 Ohio 196.9
34 Oklahoma 240.5
13 Oregon 297.0
30 Pennsylvania 252.3
10 Rhode Island 309.3
27 South Carolina 255.2
23 South Dakota 273.0
19 Tennessee 279.7
14 Texas 292.8
9 Utah 314.7
17 Vermont 290.8
20 Virginia 278.2
6 Washington 332.5
49 West Virginia 193.8
36 Wisconsin 230.5
16 Wyoming 291.8

section.source: Federal Housing Finance Agency — House Price Index (annual), 2024

section.what

How home prices have changed over time.

section.how

Index of the prices of homes sold, with a base year equal to 100 (shown in the note).