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Featured local agent — Temperance, MI
Sarah Mitchell
Compass Real Estate · Temperance, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Temperance, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$269,500median sale price
How is the Temperance, MI housing market right now?
The median home sale price in Temperance, MI is $269,500, down 4.6% year-over-year. Homes sell in an average of 29 days with 16 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Temperance a buyer's or seller's market?
Temperance, MI is currently a seller's market, based on 2.0 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
29
Average pace
Active listings
16
2.0 months supply
Sale-to-list
101.2%
Above asking
What does the Temperance housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $269,500 |
| Median list price | $355,000 |
| Year-over-year price change | -4.6% |
| Average days on market | 29 days |
| Active inventory | 16 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 101.2% |
| Median price per sq ft | $179/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 17 |
| Listings with a price cut | 6.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Temperance by property type?
How the Temperance, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $269,500 | $179/sq ft | 8 | 29 days |
| Condo / Co-op | $289,900 | $151/sq ft | 2 | 8 days |
Source: Redfin · Updated monthly
The Temperance housing market is currently classified as a seller's market with a median sale price of $269,500. Prices have fallen 4.6% compared to last year, with homes spending an average of 29 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Temperance
There are currently 16 homes listed for sale in Temperance, Michigan. The median listing price is $355K.
Active listings
16
Homes on market
Median list price
$355K
Avg. days on market
29
Days until sale
New this week
17
Newly listed
Who lives in Temperance?
Population
8,495
Median income
$76,069/yr
Median age
52.8 years
Owner-occupied
74.3%
College grads
27.7%
Avg commute
28.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Temperance?
Zillow home value
$303,926
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Temperance?
Temperance is a community of approximately 8K residents with a median age of 52.8 years.The median household income is $76,069, which reflects a relatively affluent area with strong earning potential. 27.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Temperance offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Temperance?
4 schools tracked · 2,767 students
The largest public schools serving Temperance, 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.
Bedford Senior High School
Grades 9-12 · 1,256 students
Bedford Junior High School
Grades 6-8 · 923 students
Jackman Road Elementary School
Grades PK-5 · 588 students
Smith Road Elementary School
Grades PK
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 Temperance, MI?
Want a head-to-head view? Compare Temperance side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Temperance?
The median home sale price in Temperance is $269,500, down 4.6% from last year.
How long do homes stay on market in Temperance?
Homes typically spend 29 days on market before going under contract.
What is the median income in Temperance?
The median household income is $76,069 per year.
Is Temperance a buyer's or seller's market?
With 2.0 months of supply, Temperance is currently a seller's market.
What is the Zillow home value estimate for Temperance?
The Zillow Home Value Index (ZHVI) for Temperance is $303,926, representing the typical home value in the area.
What is the median condo price in Temperance?
The median condo/co-op sale price in Temperance, MI is $289,900, compared to $269,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Temperance?
The median single-family home price in Temperance, MI is $269,500 (about $179 per square foot).
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