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housing section.name · section.levels.region

House price index in Michigan

1975 – 2025 · 51 data points section.rank · Regions of United States section.updated Oct 22, 2026
housing · Michigan

section.source: Federal Housing Finance Agency — House Price Index (annual), 1975 – 2025

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Latest value · 2025 196.7 +4.7% section.change_since
Regions of United States · 2025 section.rank Place 1 is the highest value.
section.change_since +97% +4.2% a year on average
House price index, 1975 – 2025 index, 2000 = 100
+97% section.change_since

section.source: Federal Housing Finance Agency — House Price Index (annual), 1975 – 2025

The series at a glance Michigan · 1975 – 2025
Latest value 196.7 · 2025
First value 24.9 · 1975
Highest 196.7 · 2025
Lowest 24.9 · 1975
Average change +4.2% a year on average
Data points 51

By year

section.all_years · 1975 – 2025

YearMichiganChange
2025 196.7 +4.7%
2024 187.8 +6.6%
2023 176.1 +7.3%
2022 164.1 +13%
2021 144.7 +12%
2020 129.7 +3.2%
2019 125.7 +5.0%
2018 119.8 +6.5%
2017 112.4 +6.7%
2016 105.3 +5.3%
2015 100.0 +4.9%
2014 95.3 +8.0%
2013 88.2 +5.6%
2012 83.6 −0.6%
2011 84.1 −4.0%
2010 87.5 −7.9%
2009 95.0 −8.1%
2008 103.5 −6.9%
2007 111.2 −4.4%
2006 116.4 −1.2%
2005 117.8 +3.3%
2004 114.0 +3.2%
2003 110.4 +2.0%
2002 108.3 +3.1%
2001 105.0 +5.0%
2000 100.0 +8.2%
1999 92.4 +6.0%
1998 87.2 +4.9%
1997 83.2 +7.9%
1996 77.1 +6.7%
1995 72.3 +8.1%
1994 66.9 +4.5%
1993 64.0 +1.8%
1992 62.8 +2.3%
1991 61.4 +3.3%
1990 59.4 +4.9%
1989 56.6 +6.8%
1988 53.0 +8.7%
1987 48.8 +8.9%
1986 44.8 +7.5%
1985 41.6 +4.2%
1984 40.0 +0.9%
1983 39.6 +5.3%
1982 37.6 −13%
1981 43.0 +3.8%
1980 41.4 +6.2%
1979 39.0 +19%
1978 32.8 +16%
1977 28.2 +9.5%
1976 25.8 +3.3%
1975 24.9

section.source: Federal Housing Finance Agency — House Price Index (annual), 1975 – 2025

Ranking · Regions of United States

2025 · Place 1 is the highest value.

Year: 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Highest first Lowest first A–Z
#TerritoryHouse price index
1 District of Columbia 398.4
2 Hawaii 375.9
3 Idaho 366.3
4 Florida 364.2
5 Montana 354.4
6 Washington 338.6
7 Arizona 328.1
8 Rhode Island 326.0
9 California 324.1
10 Utah 322.3
11 Maine 316.3
12 New Hampshire 306.4
13 Nevada 304.9
14 Wyoming 303.9
15 Vermont 301.2
16 Oregon 299.8
17 Texas 295.2
18 North Dakota 291.6
19 New Jersey 291.2
20 New York 289.3
21 Virginia 288.6
22 Tennessee 286.3
23 Colorado 284.6
24 South Dakota 281.4
25 Massachusetts 275.9
26 Maryland 268.0
27 South Carolina 264.3
28 Pennsylvania 264.2
29 Delaware 260.6
30 Alaska 260.2
31 North Carolina 259.5
32 New Mexico 250.9
33 Georgia 247.3
34 Nebraska 247.2
35 Oklahoma 246.7
36 Wisconsin 243.0
37 Missouri 238.0
38 Kansas 237.4
39 Arkansas 236.6
40 Kentucky 236.1
41 Connecticut 233.1
42 Minnesota 226.5
43 Indiana 226.2
44 Alabama 221.3
45 Iowa 219.4
46 Louisiana 207.8
47 Mississippi 206.6
48 Ohio 206.3
49 West Virginia 201.8
50 Michigan 196.7
51 Illinois 195.6

section.source: Federal Housing Finance Agency — House Price Index (annual), 2025

section.what

How home prices have changed over time.

section.how

Index of the prices of homes sold, with a base year equal to 100 (shown in the note).