Housing in Muskegon, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$164,500

Median List Price

$204,400

Price Per Sq Ft

$144

Days on Market

39

Active Inventory

109

Months of Supply

4.5

Balanced market

Zillow Home Value

$177,731

ZHVI — January 2026

Zillow Rent Index

$1,218

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 4.4%List Price 19.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.8%

Off Market in 2 Weeks

37.5%

Sale-to-List Ratio

99.2%

Buyer's market

Sold Above Asking
20.8%
Under Contract in 2 Wks
37.5%
Listings with Price Drops
31.2%

Market Activity

Source: Redfin

Homes Sold

24

New Listings

40

Pending Sales

32

Homes Sold 63.1%New Listings 39.4%Pending 52.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$144

Median List $/SF

$158

Sale $/SF 14.3%List $/SF 6.0%Mar 24Jan 26

Muskegon vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Muskegon 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

$121,800

Median Rent

$927

Total Housing Units

16,023

Vacancy Rate

14.4%

Owner Occupied

54.2%

Renter Occupied

45.8%

Median Property Tax

$1,475

per year

Monthly Cost (w/ Mortgage)

$687

Housing Types

Single Family
68.2%
Multi-Family
30.8%
Mobile Home
1.0%

The current median sale price in Muskegon, MI is $164,500 according to Redfin data. Homes spend a median of 39 days on the market. 20.8% of homes sold above asking price. The market has 4.5 months of supply. The median price per square foot is $144. Zillow's observed rent index is $1,218/month. About 54.2% of housing units are owner-occupied. The median year homes were built is 1949. There are 16,023 total housing units.