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Featured local agent — Yale, MI
Sarah Mitchell
Compass Real Estate · Yale, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Yale, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$190,000median sale price
How is the Yale, MI housing market right now?
The median home sale price in Yale, MI is $190,000, up 15.2% year-over-year. Homes sell in an average of 9 days with 15 active listings. The market is currently a leaning buyer's. (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 Yale a buyer's or seller's market?
Yale, MI is currently a leaning buyer's, based on 15.0 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
9
Fast-moving
Active listings
15
15.0 months supply
Sale-to-list
100.0%
Above asking
What does the Yale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $190,000 |
| Median list price | $242,500 |
| Year-over-year price change | +15.2% |
| Average days on market | 9 days |
| Active inventory | 15 listings |
| Months of supply | 15.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $106/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 8 |
| Listings with a price cut | 26.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Yale by property type?
How the Yale, 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 | $190,000 | $106/sq ft | 1 | 9 days |
Source: Redfin · Updated monthly
The Yale housing market is currently classified as a leaning buyer's with a median sale price of $190,000. Prices have risen 15.2% compared to last year, with homes spending an average of 9 days on market, indicating 15.0 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 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Yale
There are currently 15 homes listed for sale in Yale, Michigan. The median listing price is $243K.
Active listings
15
Homes on market
Median list price
$243K
Avg. days on market
9
Days until sale
New this week
8
Newly listed
Who lives in Yale?
Population
2,157
Median income
$50,673/yr
Median age
33.4 years
Owner-occupied
67.6%
College grads
9.6%
Avg commute
37.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Yale?
Zillow home value
$254,527
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Yale?
Yale is a community of approximately 2K residents with a median age of 33.4 years.The median household income is $50,673, which represents a working-class community with solid middle-income opportunities. 9.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Yale offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Yale?
4 schools tracked · 1,288 students
The largest public schools serving Yale, 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.
Yale Senior High School
Grades 9-12 · 526 students
Yale Junior High School
Grades 6-8 · 409 students
Yale Elementary School
Grades PK-5 · 342 students
Phoenix Alternative School
Grades 6-12 · 11 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 Yale, MI?
Want a head-to-head view? Compare Yale side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Yale?
The median home sale price in Yale is $190,000, up 15.2% from last year.
How long do homes stay on market in Yale?
Homes typically spend 9 days on market before going under contract.
What is the median income in Yale?
The median household income is $50,673 per year.
Is Yale a buyer's or seller's market?
With 15.0 months of supply, Yale is currently a leaning buyer's.
What is the Zillow home value estimate for Yale?
The Zillow Home Value Index (ZHVI) for Yale is $254,527, representing the typical home value in the area.
How much does a single-family home cost in Yale?
The median single-family home price in Yale, MI is $190,000 (about $106 per square foot).
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