$190,000
8778 E Gull Lake Dr
Augusta, MI
2 bd1 ba1,056 sqft$180/ft²
House23,087 sqft lot
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Compass Real Estate · Augusta, MI
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Augusta, MI Housing Market
Seller's market+3.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Augusta, MI is worth $335,495, rose 3.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $206,700, +18.1% year over year (through May 2026). With 0.5 months of supply and homes going under contract in about 23 days, Augusta is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $335,495 home is about $1,791/mo in principal and interest.
Key numbers for Augusta, MI
Typical home value
$335,495
+3.9% in 12 months
Zillow, August 2026
Median sale price
$206,700
+18.1% year over year
Redfin, through May 2026
Days on market
23
Average pace
Redfin, through May 2026
Active listings
1
0.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$58,958
Home costs 5.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.2%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Augusta a buyer's or seller's market?
Seller's market0.5 months of supply23 days on market96.2% of asking
Augusta, MI is a seller's market, based on 0.5 months of supply and homes selling in about 23 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Augusta housing market data show?
Every row below is Redfin's final published month for Augusta, MI. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $206,700 |
| Median list price | $211,950 |
| Year-over-year price change | +18.1% |
| Median price per sq ft | $199/sq ft |
| Median days on market | 23 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 96.2% |
| Homes sold (that month) | 2 |
| New listings (that month) | 2 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Augusta is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Augusta is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Augusta home prices moved?
Over the last three years the median sale price in Augusta, MI rose 11.4%, from $185,500 to $206,700. The live Zillow value series has rose 3.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 0.5 months while the sale-to-list ratio slips below its current 96.2%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Augusta?
Priced off the typical home value of $335,495 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $67,099 | $268,396 | $1,791/mo |
| 5% | $16,775 | $318,720 | $2,127/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,791, that implies roughly $76,760 a year before you add taxes and insurance. The median household in Augusta earns $58,958, about $17,802 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.7x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Augusta in the next 12 months?
Tell us your timeline. We send the Augusta market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Augusta?
Zillow does not publish a rent index (ZORI) for Augusta, MI, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Augusta?
Active listings in Augusta, MI went from 2 in April 2024 to 1 in May 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| October 2024 | 2 | 1 |
| January 2025 | 1 | 1 |
| February 2025 | 1 | not published |
| March 2025 | 2 | 3 |
| April 2025 | 1 | 1 |
| June 2025 | 2 | 2 |
| August 2025 | 1 | not published |
| October 2025 | 3 | 2 |
| December 2025 | 2 | 2 |
| January 2026 | 2 | not published |
| April 2026 | 3 | 2 |
| May 2026 | 1 | 2 |
Redfin, through May 2026
How does Augusta compare to Michigan and the U.S.?
Augusta homes sell for $206,700 — 31% below the Michigan median of $297,900. Against the national median of $410,700, Augusta runs 50% lower. Year-over-year, Augusta moved +18.1% against Michigan's +4.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Augusta, MI | $206,700 | +18.1% | 23 days |
| Michigan statewide | $297,900 | +4.6% | 24 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Augusta
What buyers should watch
- Months of supply, currently 0.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $336 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $335,495 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Augusta listing goes under contract in 23 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 96.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Augusta added 2 new listings against 2 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +3.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Augusta varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Augusta
There are currently 1 homes listed for sale in Augusta, Michigan. The median listing price is $212K. Featured listings range from $190,000 to $899,999.
$200,000
8705 Whittaker Rd
Augusta, MI
Land9.50 acres
View photos & details
$214,900
301 W Michigan Ave
Augusta, MI
3 bd1 ba1,514 sqft$142/ft²
House13,068 sqft lot
View photos & details
$215,900
509 E Jefferson St
Augusta, MI
3 bd1 ba1,296 sqft$167/ft²
House24,394 sqft lot
View photos & details
$239,900
10301 N 45th St
Augusta, MI
3 bd1 ba1,010 sqft$238/ft²
House2.00 acres
View photos & details
$250,000
14789 E Augusta Dr
Augusta, MI
3 bd2 ba1,392 sqft$180/ft²
House2.30 acres
View photos & details
$325,000
E C Ave
Augusta, MI
Land20.22 acres
View photos & details
$399,900
7696 Stoney Creek Dr
Augusta, MI
3 bd2 ba2,756 sqft$145/ft²
House1.29 acres
View photos & details
$500,000
16711 Stoney Creek Ct
Augusta, MI
5 bd4 ba2,993 sqft$167/ft²
House33,977 sqft lot
View photos & details
$545,000
15250 Alister Mackenzie Ave
Augusta, MI
4 bd3 ba2,735 sqft$199/ft²
House23,958 sqft lot
View photos & details
$849,000
12055 S Sherman Lake Dr
Augusta, MI
6 bd3 ba3,500 sqft$243/ft²
House24,829 sqft lot
View photos & details
$899,999
8856 N 42nd St
Augusta, MI
4 bd4 ba3,200 sqft$281/ft²
House13.94 acres
View photos & details
Looking to buy in Augusta?
Get connected with a local real estate expert — free, no obligation.
Active listings
1
Homes on market
Median list price
$212K
Avg. days on market
23
Days until sale
New this week
2
Newly listed
Sale-to-list:96.2%
How much do homes cost in Augusta by property type?
How the Augusta, MI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $206,700 | $199/sq ft | 2 | 23 days |
Who lives in Augusta?
American Community Survey estimates for Augusta. U.S. Census ACS, 2023
Population
726
Households
319
Median income
$58,958/yr
Median age
36.9 years
Owner-occupied
60.8%
Median home value
$135,200
Median gross rent
$816/mo
Mean commute
25.1 min
60.8% of occupied homes in Augusta are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $135,200 against Zillow's $335,495 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Augusta?
1 schools tracked · 283 students
The largest public schools serving Augusta, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GalesburgAugusta Middle School
Grades 5-8 · 283 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Augusta, MI?
Ordered by distance from Augusta, not by size. Compare Augusta side by side with any of them.
Augusta housing market FAQ
Is Augusta a buyer's or seller's market?
Augusta, MI is currently a seller's market. That read comes from 0.5 months of supply, homes going under contract in about 23 days, and sellers getting 96.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Augusta?
The typical home in Augusta, MI is worth $335,495 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $206,700, about $199 per square foot.
Is Augusta cheaper than the rest of Michigan?
Augusta's median sale price of $206,700 is 31% lower than the Michigan statewide median of $297,900, and 50% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Augusta?
Homes in Augusta, MI spent a median of 23 days on market before going under contract, versus 24 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Augusta?
At the current 30-year fixed rate of 7.03%, 20% down on a $335,495 home is about $1,791 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $76,760 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $58,958.
Are home prices rising in Augusta?
The typical home value in Augusta, MI rose 3.9% over the last 12 months, from $322,943 to $335,495 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Augusta?
Augusta ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Augusta?
That depends on your timeline, not on a headline. What the data says today: Augusta, MI is a seller's market with 0.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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