Housing in Michigan Center, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$195,000

Median List Price

$257,000

Price Per Sq Ft

$130

Days on Market

24

Active Inventory

9

Months of Supply

3.0

Seller's market

Zillow Home Value

$194,592

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 48.2%List Price 90.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

66.7%

Off Market in 2 Weeks

16.7%

Sale-to-List Ratio

105.6%

Seller's market

Sold Above Asking
66.7%
Under Contract in 2 Wks
16.7%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

2

Pending Sales

6

Homes Sold 50.0%New Listings 33.3%Pending 100.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$130

Median List $/SF

$209

Sale $/SF 53.4%List $/SF 36.6%Mar 24Jan 26

Michigan Center vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Michigan Center is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$159,500

Median Rent

$1,051

Total Housing Units

2,348

Vacancy Rate

8.2%

Owner Occupied

88.0%

Renter Occupied

12.0%

Median Property Tax

$1,693

per year

Monthly Cost (w/ Mortgage)

$799

Housing Types

Single Family
96.5%
Multi-Family
3.5%
Mobile Home
0.0%

The current median sale price in Michigan Center, MI is $195,000 according to Redfin data. Homes spend a median of 24 days on the market. 66.7% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $130. The median rent is $1,051 per month (Census ACS). About 88.0% of housing units are owner-occupied. The median year homes were built is 1956. There are 2,348 total housing units.