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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

2020 · 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 353.9
2 Hawaii 257.5
3 Washington 235.4
4 Idaho 234.0
5 California 231.8
6 Florida 227.8
7 Oregon 222.2
8 Montana 219.0
9 North Dakota 218.2
10 Arizona 211.8
11 Utah 211.2
12 Wyoming 210.5
13 Colorado 206.5
14 Texas 205.8
15 Nevada 205.1
16 Rhode Island 197.4
17 Virginia 194.0
18 Maryland 192.1
19 New York 190.5
20 Maine 188.5
21 South Dakota 188.2
22 Alaska 186.8
23 New Hampshire 184.9
24 Massachusetts 184.9
25 Vermont 183.6
26 Tennessee 179.5
27 New Jersey 178.8
28 Pennsylvania 178.5
29 Delaware 173.0
30 Louisiana 170.1
31 Oklahoma 169.4
32 New Mexico 167.5
33 Nebraska 166.4
34 Minnesota 165.6
35 South Carolina 164.8
36 North Carolina 161.8
37 Kansas 159.3
38 Missouri 157.5
39 Kentucky 157.3
40 Georgia 156.9
41 Arkansas 155.6
42 Iowa 155.2
43 Wisconsin 154.4
44 Alabama 150.4
45 Indiana 147.5
46 Mississippi 145.4
47 Connecticut 144.3
48 West Virginia 144.2
49 Ohio 134.7
50 Illinois 133.2
51 Michigan 129.7

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

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).