Market Overview
Home Prices in Ashley, MI
The median home value in Ashley, MI is $205,870 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.2% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ashley are priced50% below average. Ashley is part of the Alma, MI metro area.
Over the past five years, Ashley home values have risen by approximately20.9%, reflecting strong long-term appreciation in this market.
Price History
Ashley Home Price Trend
2020
$144,024
$144K
—
2021
$170,252
$170K
+18.2%
2022
$187,820
$188K
+10.3%
2023
$191,199
$191K
+1.8%
2024
$184,184
$184K
-3.7%
2025
$185,210
$185K
+0.6%
2026
$205,870
$206K
+11.2%
City Comparison
Ashley vs. National Median
🏠 Ashley
$205,870
National Median
$410,000
At $205,870, homes in Ashley cost 50% below the national median of $410,000. This makes Ashley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ashley?
20% Down Payment
$41,174
on $205,870
Monthly P&I
$1,074/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,364/mo
incl. taxes & insurance
Income Needed
$54,560
gross annual (30% rule)
10% Down Option
$20,587
+ PMI applies
Loan Amount (20% dn)
$164,696
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 Ashley, MI?
The median home value in Ashley is $205,870 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.2% year-over-year.
How much have home prices changed in Ashley?
Over the past year, home values in Ashley have increased by 11.2%. Over five years, prices have risen approximately 20.9%.
How much do I need to earn to buy a home in Ashley?
To comfortably afford the median home price of $205,870 with a 20% down payment ($41,174) at today's rates (6.8%), you'd need a gross annual income of approximately $54,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Ashley compare to the national average home price?
The national median home value is approximately $410,000. At $205,870, homes in Ashley are 50% below the national average.
What metro area is Ashley part of?
Ashley is part of the Alma, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.