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Investment Properties for Sale in Michigan

20,775 Homes for Sale

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Michigan Housing Market Overview

Michigan is a balanced market, giving buyers and sellers room to negotiate. With 5.4 months of supply and homes averaging 53 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

53

Inventory

57,628

Oct 2021Jul 2024Oct 2026

Median Home Price

$268,000Up 1.13%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.24%Down 0.08%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
57,628 Up 165.48%
Newly Listed Homes
27,375 Down 7.73%
Months of Supply
5.4 Up 315.38%

Housing Demand

Homes Sold
10,695 Down 33.78%
Sale-to-List Ratio
97.7% Down 0.39%
Homes Sold Above List
24.6% Down 11.68%

30-yr fixed rate 7.24% · Data as of Oct 2026 · Source: Houzeo Research.

View Full Michigan Market Report
No. of Homes
Prices
Homes for Sale in Wayne
18,237
$172,500
Homes for Sale in Detroit
9,862
$100,000
Homes for Sale in Grand Rapids
3,009
$310,000
Homes for Sale in Kalamazoo
2,572
$211,000
Homes for Sale in Muskegon
2,073
$187,450
Homes for Sale in Traverse City
1,460
$450,000
Homes for Sale in Warren
1,447
$222,000
Homes for Sale in Ann Arbor
1,239
$450,000
Homes for Sale in Battle Creek
1,025
$176,500
Homes for Sale in Dearborn
1,020
$270,000
Homes for Sale in Sterling Heights
898
$319,950
Homes for Sale in Holland
854
$330,500
Homes for Sale in Canton Charter Township
688
$390,000
Homes for Sale in Livonia
607
$315,000
Homes for Sale in Troy
603
$434,976
Homes for Sale in Marquette
484
$260,000
Homes for Sale in Wyoming
476
$440,800
Homes for Sale in Port Huron
406
$174,000
Homes for Sale in Houghton
376
$149,000
Homes for Sale in Lansing
358
$150,000
No. of Homes
Prices
Houses for Sale in Islandview, Detroit
347
-
Houses for Sale in Southwest Warren, Warren
282
-
Houses for Sale in Hubbell Lyndon, Detroit
272
-
Houses for Sale in Warrendale, Detroit
242
-
Houses for Sale in Morningside, Detroit
237
-
Houses for Sale in North End, Detroit
220
-
Houses for Sale in Dexter Linwood, Detroit
214
-
Houses for Sale in Northwest Warren, Warren
207
-
Houses for Sale in Bagley, Detroit
199
-
Houses for Sale in Oakman Blvd Community, Detroit
185
-
Houses for Sale in Fitzgerald, Detroit
184
-
Houses for Sale in Creston, Grand Rapids
183
$289,000
Houses for Sale in Outer Drive Hayes, Detroit
176
-
Houses for Sale in Jefferson Chalmers, Detroit
166
$187,499
Houses for Sale in Midwest, Detroit
154
-
Houses for Sale in West Grand, Grand Rapids
154
$265,000
Houses for Sale in Moross Morang, Detroit
153
-
Houses for Sale in Southeast End, Grand Rapids
152
-
Houses for Sale in Barton Mc Farland, Detroit
147
-
Houses for Sale in Fitzgerald, Warren
140
-
Lafayette Park, Detroit Neighborhood Guide
Morningside, Detroit Neighborhood Guide
John Ball Park, Grand Rapids Neighborhood Guide
Nardin Park, Detroit Neighborhood Guide
Corktown, Detroit Neighborhood Guide
Jefferson Chalmers, Detroit Neighborhood Guide
Core City, Detroit Neighborhood Guide
Bagley, Detroit Neighborhood Guide
Woodbridge, Detroit Neighborhood Guide
Mapleridge, Detroit Neighborhood Guide
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Best Places to Live in Michigan
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  • mls-imgIDX Logo
    Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Nov 5, 2026, 10:00 PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.
  • mls-imgIDX Logo
    Based on information from MiRealSource through Nov 5, 2026, 10:00 PM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.
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Homes Available icon

20,775

Homes Available

Median List Price icon

$ 268,000

Median List Price

Avg on Market icon

53 Days

Avg on Market