Reports  ›  Weekly · 2026-08-23

Michigan real estate — week of Aug 21, 2026

All 4 of Michigan's major metros showed positive year-over-year median sale-price reads this week. Range this week: detroit-warren-dearborn at +0.7% YoY to ann-arbor at +6.6%.

Headline numbers

Ann Arbor

$487K +6.6%

Detroit

$102K +0.7%

Grand Rapids

$303K +2.4%

Lansing

$153K +3.5%

This week's signals

Strength 4 / 5

$510K

Novi avg sale price crossed $500K — now $510K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Michigan.

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