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House price index in Michigan

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

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

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.

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

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).