US Local Real Estate Market data

Michigan housing market

The latest numbers for homes for sale across Michigan, how they compare with the nation, and the real estate stories making news in the state.

Median listing price$299,900 +0.0% vs a year agoSeptember 2026 · Realtor.com
Price per square foot$188 +2.7% vs a year agoSeptember 2026 · Realtor.com
Median days on market47 days +4.4% vs a year agoSeptember 2026 · Realtor.com
Homes for sale29,277 +15.8% vs a year agoSeptember 2026 · Realtor.com
New listings this month12,300 -2.5% vs a year agoSeptember 2026 · Realtor.com
Listings with a price cut40.7%of homes for saleSeptember 2026 · Realtor.com

Median listing price: Michigan and the US

Monthly, last six years

Michigan $299,900United States $419,250
$200K$250K$300K$350K$400K$450K202220242026
Show the numbers
DateMichiganUnited States
Sep 1, 2026$299,900$419,250
Aug 1, 2026$300,000$424,500
Jul 1, 2026$310,000$428,950
Jun 1, 2026$310,575$430,000
May 1, 2026$299,900$429,500
Apr 1, 2026$284,225$425,000
Mar 1, 2026$274,950$416,000
Feb 1, 2026$269,900$403,950
Jan 1, 2026$269,000$399,900
Dec 1, 2025$276,950$399,950
Nov 1, 2025$285,000$415,000
Oct 1, 2025$298,450$424,400

Source: Realtor.com Housing Inventory, via FRED

Median days on market: Michigan and the US

How long homes take to sell, monthly, last six years

Michigan 47 daysUnited States 61 days
20406080202220242026
Show the numbers
DateMichiganUnited States
Sep 1, 202647 days61 days
Aug 1, 202643 days60 days
Jul 1, 202641 days57 days
Jun 1, 202638 days53 days
May 1, 202638 days52 days
Apr 1, 202643 days52 days
Mar 1, 202652 days57 days
Feb 1, 202668 days70 days
Jan 1, 202671 days78 days
Dec 1, 202561 days73 days
Nov 1, 202550 days64 days
Oct 1, 202547 days63 days

Source: Realtor.com Housing Inventory, via FRED

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