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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

2020 · Place 1 is the highest value.

#TerritoryHome price change
15 Alabama 4.1%
44 Alaska 2.4%
2 Arizona 6.6%
38 Arkansas 2.8%
45 California 2.3%
37 Colorado 2.9%
35 Connecticut 3.1%
28 Delaware 3.3%
47 District of Columbia 2.1%
6 Florida 5.0%
13 Georgia 4.2%
51 Hawaii 0.0%
1 Idaho 8.7%
49 Illinois 1.1%
14 Indiana 4.1%
48 Iowa 1.8%
17 Kansas 4.0%
21 Kentucky 3.7%
46 Louisiana 2.2%
7 Maine 4.8%
41 Maryland 2.6%
33 Massachusetts 3.1%
31 Michigan 3.2%
39 Minnesota 2.7%
42 Mississippi 2.5%
20 Missouri 3.8%
10 Montana 4.4%
32 Nebraska 3.2%
34 Nevada 3.1%
5 New Hampshire 5.1%
29 New Jersey 3.3%
8 New Mexico 4.8%
26 New York 3.4%
16 North Carolina 4.0%
50 North Dakota 1.1%
11 Ohio 4.4%
18 Oklahoma 3.8%
25 Oregon 3.4%
22 Pennsylvania 3.6%
12 Rhode Island 4.4%
24 South Carolina 3.5%
36 South Dakota 3.0%
9 Tennessee 4.5%
30 Texas 3.3%
3 Utah 5.5%
23 Vermont 3.5%
27 Virginia 3.3%
4 Washington 5.1%
43 West Virginia 2.5%
40 Wisconsin 2.6%
19 Wyoming 3.8%

section.source: Federal Housing Finance Agency — House Price Index (annual), 2020

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.