Michigan Housing Market Forecast — August 2026
Sialim tracks 31 Michigan metros, forecasting home values next month, next quarter, and one year out from Zillow price history plus mortgage rates, inventory, and labor data.
Metros tracked
31
in Michigan
Forecast to rise — August 2026
23
8 forecast to fall or hold
Average forecast change
+0.24%
across all Michigan metros, next month
Michigan metros — August 2026
| Metro | Current value | Forecast | 1-month change | Regime |
|---|---|---|---|---|
| Detroit, MI | $270,370 | $270,743 | +0.14% | Cooling |
| Grand Rapids, MI | $360,930 | $362,136 | +0.33% | Overheating |
| Lansing, MI | $252,339 | $252,937 | +0.24% | Overheating |
| Flint, MI | $199,857 | $200,425 | +0.28% | Stabilizing |
| Ann Arbor, MI | $423,247 | $423,489 | +0.06% | Cooling |
| Kalamazoo, MI | $281,585 | $282,438 | +0.30% | Stabilizing |
| Saginaw, MI | $177,241 | $177,940 | +0.39% | Neutral |
| Muskegon, MI | $259,410 | $260,168 | +0.29% | Neutral |
| Jackson, MI | $229,002 | $230,734 | +0.76% | Neutral |
| Niles, MI | $285,493 | $286,660 | +0.41% | Neutral |
| Monroe, MI | $275,037 | $275,926 | +0.32% | Overheating |
| Traverse City, MI | $425,177 | $425,917 | +0.17% | Stabilizing |
| Battle Creek, MI | $194,043 | $194,400 | +0.18% | Neutral |
| Holland, MI | $353,468 | $354,144 | +0.19% | Cooling |
| Bay City, MI | $188,682 | $189,491 | +0.43% | Neutral |
| Adrian, MI | $247,941 | $249,717 | +0.72% | Overheating |
| Midland, MI | $252,945 | $253,383 | +0.17% | Stabilizing |
| Marquette, MI | $264,727 | $266,913 | +0.83% | Overheating |
| Mount Pleasant, MI | $234,220 | $235,140 | +0.39% | Stabilizing |
| Sturgis, MI | $224,560 | $224,913 | +0.16% | Neutral |
| Cadillac, MI | $234,586 | $234,344 | -0.10% | Cooling |
| Hillsdale, MI | $216,487 | $218,429 | +0.90% | Neutral |
| Coldwater, MI | $211,745 | $211,172 | -0.27% | Neutral |
| Alma, MI | $186,082 | $185,468 | -0.33% | Overheating |
| Big Rapids, MI | $236,951 | $237,876 | +0.39% | Neutral |
| Houghton, MI | $200,165 | $199,989 | -0.09% | Cooling |
| Sault Ste. Marie, MI | $203,941 | $203,466 | -0.23% | Neutral |
| Escanaba, MI | $208,170 | $207,664 | -0.24% | Cooling |
| Iron Mountain, MI | $190,489 | $192,110 | +0.85% | Overheating |
| Ludington, MI | $276,754 | $276,485 | -0.10% | Stabilizing |
| Alpena, MI | $199,594 | $199,258 | -0.17% | Cooling |
Frequently asked questions
Are Michigan home prices rising or falling?
Of the 31 Michigan metros Sialim tracks, 23 are forecast to rise in August 2026 and 8 are forecast to fall or hold. The average forecast change across the state is +0.24%.
What is the largest Michigan metro by home value tracked here?
Detroit, MI, with a typical home value of $270,370 as of the latest data.
Forecasts are model output, not advice. Data: Zillow ZHVI (© Zillow), Freddie Mac via FRED, US Bureau of Labor Statistics via FRED. Methodology.