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Average Michigan Home Price in 2025: Is It Worth Buying? - Metro Parent

Summary by Chicago Parent
As we reach the middle of the decade, home prices continue to increase—as do their attendant mortgages. In many cases, however, home prices have been increasing by larger amounts than mortgage balances, meaning that home equity has been growing for many mortgage payers. Improving FICO Scores over that time may also mean more homeowners may be able to take advantage of that equity. In this report, Experian compared the current median home prices …
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Detroit and Ann Arbor Metro Parent broke the news in on Tuesday, June 17, 2025.
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