Market Overview
Home Prices in Applegate, MI
The median home value in Applegate, MI is $213,442 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and down 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Applegate are priced48% below average.
Price History
Applegate Home Price Trend
2022
$238,625
$239K
—
2023
$230,515
$231K
-3.4%
2024
$214,830
$215K
-6.8%
2025
$204,243
$204K
-4.9%
2026
$213,442
$213K
+4.5%
City Comparison
Applegate vs. National Median
🏠 Applegate
$213,442
National Median
$410,000
At $213,442, homes in Applegate cost 48% below the national median of $410,000. This makes Applegate a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Applegate?
20% Down Payment
$42,688
on $213,442
Monthly P&I
$1,113/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,414/mo
incl. taxes & insurance
Income Needed
$56,560
gross annual (30% rule)
10% Down Option
$21,344
+ PMI applies
Loan Amount (20% dn)
$170,754
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 Applegate, MI?
The median home value in Applegate is $213,442 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Applegate?
Over the past year, home values in Applegate have increased by 4.5%.
How much do I need to earn to buy a home in Applegate?
To comfortably afford the median home price of $213,442 with a 20% down payment ($42,688) at today's rates (6.8%), you'd need a gross annual income of approximately $56,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Applegate compare to the national average home price?
The national median home value is approximately $410,000. At $213,442, homes in Applegate are 48% below the national average.