February 25, 2024 10:03 am
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Michigan Home Prices Over $200,000 Less Than National Average

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Recent data from Realtor.com shows that the U.S. median listing price in August was $435,000 which is down $15,000 from the record high of $450,000 in June.

In Michigan, the average price a home is sold at is $248,000 which is significantly less than the national average.
In Grand Rapids, the median sold home price is $310,000, making it one of the more expensive places to live in the state.