Market Overview
Home Prices in Almont, MI
The median home value in Almont, MI is $363,239 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Almont are priced11% below average. Almont is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Almont home values have risen by approximately31.9%, reflecting strong long-term appreciation in this market.
Price History
Almont Home Price Trend
City Comparison
Almont vs. National Median
At $363,239, homes in Almont cost 11% below the national median of $410,000. This makes Almont a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Almont?
20% Down Payment
$72,648
on $363,239
Monthly P&I
$1,894/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,405/mo
incl. taxes & insurance
Income Needed
$96,200
gross annual (30% rule)
10% Down Option
$36,324
+ PMI applies
Loan Amount (20% dn)
$290,591
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Almont, MI?
The median home value in Almont is $363,239 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Almont?
Over the past year, home values in Almont have increased by 5.5%. Over five years, prices have risen approximately 31.9%.
How much do I need to earn to buy a home in Almont?
To comfortably afford the median home price of $363,239 with a 20% down payment ($72,648) at today's rates (6.8%), you'd need a gross annual income of approximately $96,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Almont compare to the national average home price?
The national median home value is approximately $410,000. At $363,239, homes in Almont are 11% below the national average.
What metro area is Almont part of?
Almont is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.