Market Overview
Home Prices in Bad Axe, MI
The median home value in Bad Axe, MI is $183,346 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and down 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bad Axe are priced55% below average.
Over the past five years, Bad Axe home values have risen by approximately19.2%, reflecting steady appreciation in this market.
Price History
Bad Axe Home Price Trend
2020
$130,303
$130K
—
2021
$153,776
$154K
+18.0%
2022
$172,619
$173K
+12.3%
2023
$177,508
$178K
+2.8%
2024
$183,225
$183K
+3.2%
2025
$180,067
$180K
-1.7%
2026
$183,346
$183K
+1.8%
City Comparison
Bad Axe vs. National Median
🏠 Bad Axe
$183,346
National Median
$410,000
At $183,346, homes in Bad Axe cost 55% below the national median of $410,000. This makes Bad Axe a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bad Axe?
20% Down Payment
$36,669
on $183,346
Monthly P&I
$956/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,214/mo
incl. taxes & insurance
Income Needed
$48,560
gross annual (30% rule)
10% Down Option
$18,335
+ PMI applies
Loan Amount (20% dn)
$146,677
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 Bad Axe, MI?
The median home value in Bad Axe is $183,346 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Bad Axe?
Over the past year, home values in Bad Axe have increased by 1.8%. Over five years, prices have risen approximately 19.2%.
How much do I need to earn to buy a home in Bad Axe?
To comfortably afford the median home price of $183,346 with a 20% down payment ($36,669) at today's rates (6.8%), you'd need a gross annual income of approximately $48,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Bad Axe compare to the national average home price?
The national median home value is approximately $410,000. At $183,346, homes in Bad Axe are 55% below the national average.