Michigan Counties See Sharpest Home Price Gains
Regional Highlights and Growth Patterns Since 2011, home prices across Michigan have shown significant regional disparities. East Grand Rapids stands out with an astonishing 170% increase, reaching $646,351 by 2025. This variance highlights diverse buyer preferences in different areas. For instance, Lake Leelanau experienced a 137% price hike, attracting buyers with its picturesque views. Wayne, Oakland, and Macomb Counties saw over 10% increases, pointing to urban allure. The 77% surge for Northern Michigan waterfront properties since 2020 signifies growing appeal. In Southeast Michigan, a dynamic market is expected with a 3% to 5% rise due to strong urban demand. Traverse City's steady appreciation reflects a post-pandemic recalibration. Michigan's real estate scene exhibits evolving dynamics with pronounced regional growth. Douglas, where home prices now exceed $650,000, exemplifies limited development space driving real estate demand and value appreciation. Economic Driver...