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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

2021 · Place 1 is the highest value.

#TerritoryHome price change
31 Alabama 10.8%
49 Alaska 6.6%
2 Arizona 19.1%
26 Arkansas 11.2%
16 California 12.7%
13 Colorado 13.1%
20 Connecticut 12.0%
29 Delaware 10.8%
48 District of Columbia 6.9%
6 Florida 15.6%
15 Georgia 13.0%
45 Hawaii 8.0%
1 Idaho 23.1%
47 Illinois 7.8%
19 Indiana 12.0%
44 Iowa 8.1%
32 Kansas 10.6%
34 Kentucky 10.3%
50 Louisiana 5.8%
7 Maine 14.7%
41 Maryland 9.5%
28 Massachusetts 11.0%
22 Michigan 11.6%
38 Minnesota 9.7%
43 Mississippi 8.5%
25 Missouri 11.3%
4 Montana 16.4%
33 Nebraska 10.6%
5 Nevada 15.9%
9 New Hampshire 14.3%
30 New Jersey 10.8%
23 New Mexico 11.4%
42 New York 9.4%
14 North Carolina 13.0%
51 North Dakota 5.0%
27 Ohio 11.2%
35 Oklahoma 10.2%
11 Oregon 13.7%
37 Pennsylvania 10.0%
12 Rhode Island 13.5%
21 South Carolina 11.8%
24 South Dakota 11.3%
10 Tennessee 14.2%
17 Texas 12.6%
3 Utah 18.9%
18 Vermont 12.4%
39 Virginia 9.6%
8 Washington 14.6%
46 West Virginia 7.9%
36 Wisconsin 10.1%
40 Wyoming 9.5%

section.source: Federal Housing Finance Agency — House Price Index (annual), 2021

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.