Algonac, MI—48001
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$260,000
3.8% YoY Growth
Household Income
$64,500
12.3% YoY Growth
Days on Market
45
6.0% Longer YoY
Home Price Forecast
-0.1%
Median Rent
$1,200
12.0% YoY Growth
1-Bed Rent
$875
1.3% YoY Growth
2-Bed Rent
$1,100
4.8% YoY Growth
3-Bed Rent
$1,450
20.3% YoY Growth
Home Price Trends — Algonac, MI
As of May '26, the median home price in Algonac, MI is $260,000, with a year-over-year change of 3.8%. This indicates that home prices in Algonac, MI are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $260,000 | 3.8% |
| Single Family | $261,000 | 3.2% |
| Condos | $242,000 | 6.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |