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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

2023 · Place 1 is the highest value.

#TerritoryHome price change
1 Vermont 13.2%
2 Maine 11.6%
3 New Jersey 10.7%
4 Wisconsin 10.6%
5 New Hampshire 10.5%
6 Connecticut 10.4%
7 South Carolina 9.8%
8 Rhode Island 9.7%
9 North Carolina 8.8%
10 Arkansas 8.7%
11 Florida 8.5%
12 New York 8.3%
13 Ohio 8.2%
14 Georgia 8.2%
15 Nebraska 8.2%
16 Delaware 8.2%
17 Indiana 8.0%
18 New Mexico 7.9%
19 Kentucky 7.9%
20 Missouri 7.9%
21 Virginia 7.8%
22 Massachusetts 7.7%
23 Illinois 7.5%
24 Kansas 7.4%
25 Pennsylvania 7.4%
26 Tennessee 7.4%
27 South Dakota 7.4%
28 Michigan 7.3%
29 Oklahoma 7.2%
30 Iowa 7.1%
31 Alabama 7.1%
32 Montana 6.9%
33 Hawaii 6.8%
34 Alaska 6.8%
35 West Virginia 6.3%
36 Mississippi 5.8%
37 Maryland 5.7%
38 Wyoming 5.7%
39 North Dakota 5.2%
40 Texas 4.4%
41 Minnesota 4.3%
42 Arizona 2.1%
43 Colorado 2.0%
44 California 1.8%
45 Louisiana 1.6%
46 Washington 1.2%
47 Oregon 0.8%
48 Utah 0.6%
49 Nevada 0.3%
50 Idaho -0.2%
51 District of Columbia -2.8%

section.source: Federal Housing Finance Agency — House Price Index (annual), 2023

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.