4
$11,500
Vl Stillwell Ave
Michigan Center, MI 49254
Land13,068 sqft lot
Bridgette Frazier · ERA REARDON REALTY, L.L.C.
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Michigan Center, MI Housing Market
Balanced market+0.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Michigan Center, MI is worth $207,166, rose 0.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $242,500, +15.5% year over year (through May 2026). With 3.3 months of supply and homes going under contract in about 201 days, Michigan Center is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $207,166 home is about $1,106/mo in principal and interest.
Key numbers for Michigan Center, MI
Typical home value
$207,166
+0.9% in 12 months
Zillow, August 2026
Median sale price
$242,500
+15.5% year over year
Redfin, through May 2026
Days on market
201
Slow-moving
Redfin, through May 2026
Active listings
13
3.3 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
$68,114
Home costs 3.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.8%
Selling above 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 Michigan Center a buyer's or seller's market?
Balanced market3.3 months of supply201 days on market100.8% of asking
Michigan Center, MI is a balanced market, based on 3.3 months of supply and homes selling in about 201 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Michigan Center housing market data show?
Every row below is Redfin's final published month for Michigan Center, MI. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $242,500 |
| Median list price | $185,000 |
| Year-over-year price change | +15.5% |
| Median price per sq ft | $207/sq ft |
| Median days on market | 201 days |
| Active inventory | 13 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 100.8% |
| Homes sold (that month) | 4 |
| New listings (that month) | 5 |
| Listings with a price cut | 7.7% |
| Market condition | Balanced 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 Michigan Center is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Michigan Center 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 Michigan Center home prices moved?
Over the last three years the median sale price in Michigan Center, MI rose 50.6%, from $161,000 to $242,500. The live Zillow value series has rose 0.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 7.7% of Michigan Center listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.3 months while the sale-to-list ratio slips below its current 100.8%. 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 Michigan Center?
Priced off the typical home value of $207,166 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% | $41,433 | $165,733 | $1,106/mo |
| 5% | $10,358 | $196,808 | $1,313/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 $1,106, that implies roughly $47,399 a year before you add taxes and insurance. The median household in Michigan Center earns $68,114, about $20,715 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.0x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Michigan Center in the next 12 months?
Tell us your timeline. We send the Michigan Center 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 Michigan Center?
Zillow does not publish a rent index (ZORI) for Michigan Center, 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 Michigan Center?
Active listings in Michigan Center, MI went from 16 in May 2025 to 13 in May 2026, a -18.8% 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 |
|---|---|---|
| June 2025 | 17 | 9 |
| July 2025 | 19 | 8 |
| August 2025 | 14 | 4 |
| September 2025 | 12 | 2 |
| October 2025 | 18 | 7 |
| November 2025 | 16 | 5 |
| December 2025 | 13 | 4 |
| January 2026 | 11 | 2 |
| February 2026 | 15 | 7 |
| March 2026 | 16 | 3 |
| April 2026 | 12 | 8 |
| May 2026 | 13 | 5 |
Redfin, through May 2026
How does Michigan Center compare to Michigan and the U.S.?
Michigan Center homes sell for $242,500 — 19% below the Michigan median of $297,900. Against the national median of $410,700, Michigan Center runs 41% lower. Year-over-year, Michigan Center moved +15.5% against Michigan's +4.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Michigan Center, MI | $242,500 | +15.5% | 201 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 Michigan Center
What buyers should watch
- Months of supply, currently 3.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 7.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $207 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 $207,166 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 Michigan Center listing goes under contract in 201 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 100.8% of asking. Price at the number you want and let competition do the rest.
- In the last published month Michigan Center added 5 new listings against 4 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +0.9% 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 Michigan Center varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Michigan Center
There are currently 13 homes listed for sale in Michigan Center, Michigan. The median listing price is $185K. Featured listings range from $11,500 to $399,900.
16
$119,900
164 Orchard St
Michigan Center, MI 49254
2 bd1 ba853 sqft$141/ft²
House15,682 sqft lot
Linda Beauchamp · Howard Hanna Real Estate Executives
View photos & details
32
$170,000
125 Edgewater Dr
Michigan Center, MI 49254
2 bd1 ba949 sqft$179/ft²
House16,117 sqft lot
Sara Tripp · XSell Realty
View photos & details
Price Drop −$9K
20
$189,900
522 4th St
Michigan Center, MI 49254
3 bd1 ba1,312 sqft$145/ft²
House18,295 sqft lot
Daniel Decapua · RE/MAX Platinum
View photos & details
35
$199,900
120 Cherry St
Michigan Center, MI 49254
3 bd1 ba1,100 sqft$182/ft²
House9,148 sqft lot
Julie Childers · Key Realty One LLC
View photos & details
New Listing
36
$215,000
244 Long Ave
Michigan Center, MI 49254
4 bd2 ba1,600 sqft$134/ft²
House20,038 sqft lot
Zachary Watson · Coldwell Banker Beiswanger Realty Group
View photos & details
19
$235,000
3975 McArthur Rd
Michigan Center, MI 49203
2 bd2 ba1,044 sqft$225/ft²
House39,640 sqft lot
Jadelynn Bayes · Real Estate Warehouse L.L.C.
View photos & details
46
$285,000
4934 Warsaw St
Michigan Center, MI 49201
3 bd1 ba1,196 sqft$238/ft²
House17,860 sqft lot
Charles Tobias · EXIT REALTY 1ST LLC
View photos & details
New Listing
46
$305,000
405 S Lakeside Dr
Michigan Center, MI 49254
3 bd1 ba1,696 sqft$180/ft²
House3,920 sqft lot
Neal Sanford · KW Realty Living
View photos & details
48
$325,000
4027 Franklin Rd
Michigan Center, MI 49203
4 bd4 ba2,200 sqft$148/ft²
House33,106 sqft lot
Laura Farhat Bramson · Keller Williams Realty Lansing
View photos & details
50
$350,000
430 Jefferson Dr
Michigan Center, MI 49254
3 bd2 ba1,782 sqft$196/ft²
House21,780 sqft lot
Doug Beiswanger · Coldwell Banker Beiswanger Realty Group
View photos & details
30
$399,900
210 W Grove Ave
Michigan Center, MI 49254
3 bd2 ba2,016 sqft$198/ft²
House25,265 sqft lot
Michael Kendall · Executive Brokers Residential and Commercial Real Estate
View photos & details
Looking to buy in Michigan Center?
Get connected with a local real estate expert — free, no obligation.
Active listings
13
Homes on market
Median list price
$185K
Avg. days on market
201
Days until sale
New this week
5
Newly listed
Price drops:7.7%of listings
Sale-to-list:100.8%
How much do homes cost in Michigan Center by property type?
How the Michigan Center, 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 | $242,500 | $207/sq ft | 4 | 201 days |
| Condo / co-op | $187,500 | $166/sq ft | 1 | 4 days |
Who lives in Michigan Center?
American Community Survey estimates for Michigan Center. U.S. Census ACS, 2023
Population
4,623
Households
2,156
Median income
$68,114/yr
Median age
44 years
Owner-occupied
88.0%
Median home value
$159,500
Median gross rent
$1,051/mo
Mean commute
26 min
88.0% of occupied homes in Michigan Center 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 $159,500 against Zillow's $207,166 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Michigan Center?
3 schools tracked · 1,359 students
The largest public schools serving Michigan Center, 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.
Michigan Center JrSr High School
Grades 7-12 · 642 students
Keicher Elementary School
Grades 3-6 · 392 students
Arnold Elementary School
Grades PK-2 · 325 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 Michigan Center, MI?
Ordered by distance from Michigan Center, not by size. Compare Michigan Center side by side with any of them.
Which ZIP codes are in Michigan Center?
These are the ZIP codes we see on active Michigan Center listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Michigan Center housing market FAQ
Is Michigan Center a buyer's or seller's market?
Michigan Center, MI is currently a balanced market. That read comes from 3.3 months of supply, homes going under contract in about 201 days, and sellers getting 100.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Michigan Center?
The typical home in Michigan Center, MI is worth $207,166 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $242,500, about $207 per square foot.
Is Michigan Center cheaper than the rest of Michigan?
Michigan Center's median sale price of $242,500 is 19% lower than the Michigan statewide median of $297,900, and 41% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Michigan Center?
Homes in Michigan Center, MI spent a median of 201 days on market before going under contract, versus 24 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Michigan Center?
At the current 30-year fixed rate of 7.03%, 20% down on a $207,166 home is about $1,106 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $47,399 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $68,114.
Are home prices rising in Michigan Center?
The typical home value in Michigan Center, MI rose 0.9% over the last 12 months, from $205,280 to $207,166 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Michigan Center?
Michigan Center 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 Michigan Center?
That depends on your timeline, not on a headline. What the data says today: Michigan Center, MI is a balanced market with 3.3 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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