Thursday, October 22 Romeo
  1. Home
  2. section.name
  3. Michigan
  4. housing
  5. Home price change
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

2016 · Place 1 is the highest value.

#TerritoryHome price change
51 Connecticut 0.1%
50 Vermont 1.2%
49 West Virginia 1.8%
48 Alaska 1.9%
47 Wyoming 2.0%
46 Delaware 2.1%
45 Virginia 2.2%
44 New Jersey 2.3%
43 North Dakota 2.3%
42 Oklahoma 2.4%
41 Arkansas 2.4%
40 Pennsylvania 2.5%
39 Mississippi 2.5%
38 Maryland 2.6%
37 Alabama 2.7%
36 New Mexico 2.8%
35 Illinois 2.8%
34 New York 3.3%
33 Louisiana 3.3%
32 Iowa 3.4%
31 Indiana 3.5%
30 Montana 3.5%
29 Maine 3.7%
28 Kentucky 3.7%
27 Ohio 3.9%
26 New Hampshire 3.9%
25 Wisconsin 4.0%
24 Kansas 4.0%
23 Missouri 4.1%
22 Nebraska 4.2%
21 South Dakota 4.4%
20 North Carolina 4.6%
19 Minnesota 4.7%
18 Rhode Island 4.7%
17 South Carolina 4.7%
16 Massachusetts 4.9%
15 Michigan 5.3%
14 Tennessee 5.8%
13 Georgia 6.1%
12 Hawaii 6.4%
11 District of Columbia 6.7%
10 Texas 7.0%
9 Arizona 7.0%
8 Idaho 7.4%
7 Utah 7.5%
6 California 7.8%
5 Florida 9.3%
4 Nevada 9.4%
3 Colorado 10.5%
2 Washington 10.8%
1 Oregon 11.0%

section.source: Federal Housing Finance Agency — House Price Index (annual), 2016

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.