Housing in Temperance, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$344,500

Median List Price

$374,900

Price Per Sq Ft

$164

Days on Market

104

Active Inventory

13

Months of Supply

3.3

Seller's market

Zillow Home Value

$282,273

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 18.8%List Price 50.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

99.9%

Buyer's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
46.1%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

4

Pending Sales

8

Homes Sold 66.7%New Listings 55.6%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$164

Median List $/SF

$181

Sale $/SF 11.8%List $/SF 8.4%Mar 24Jan 26

Temperance vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Temperance 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

$230,200

Median Rent

$1,270

Total Housing Units

3,720

Vacancy Rate

2.3%

Owner Occupied

74.3%

Renter Occupied

25.7%

Median Property Tax

$2,662

per year

Monthly Cost (w/ Mortgage)

$1,143

Housing Types

Single Family
78.8%
Multi-Family
21.2%
Mobile Home
0.0%

The current median sale price in Temperance, MI is $344,500 according to Redfin data. Homes spend a median of 104 days on the market. 25.0% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $164. The median rent is $1,270 per month (Census ACS). About 74.3% of housing units are owner-occupied. The median year homes were built is 1977. There are 3,720 total housing units.