Housing Market 2024 Michigan. From 2012 to 2022, michigan experienced a notable 50% surge in median home values, now standing at $224,400. $269,667 (as of august 31, 2024).

At the same time, the number of homes sold rose 1.4% and the number of homes for sale rose 10.9%. Here are the predictions for michigan’s housing market in the remaining months of 2024 and 2025: