Market Overview
Home Prices in Bellaire, MI
The median home value in Bellaire, MI is $358,326 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bellaire are priced13% below average.
Over the past five years, Bellaire home values have risen by approximately41.5%, reflecting strong long-term appreciation in this market.
Price History
Bellaire Home Price Trend
2020
$206,820
$207K
—
2021
$253,248
$253K
+22.4%
2022
$321,511
$322K
+27.0%
2023
$322,907
$323K
+0.4%
2024
$337,616
$338K
+4.6%
2025
$347,973
$348K
+3.1%
2026
$358,326
$358K
+3.0%
City Comparison
Bellaire vs. National Median
🏠 Bellaire
$358,326
National Median
$410,000
At $358,326, homes in Bellaire cost 13% below the national median of $410,000. This makes Bellaire a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bellaire?
20% Down Payment
$71,665
on $358,326
Monthly P&I
$1,869/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,374/mo
incl. taxes & insurance
Income Needed
$94,960
gross annual (30% rule)
10% Down Option
$35,833
+ PMI applies
Loan Amount (20% dn)
$286,661
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 Bellaire, MI?
The median home value in Bellaire is $358,326 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Bellaire?
Over the past year, home values in Bellaire have increased by 3%. Over five years, prices have risen approximately 41.5%.
How much do I need to earn to buy a home in Bellaire?
To comfortably afford the median home price of $358,326 with a 20% down payment ($71,665) at today's rates (6.8%), you'd need a gross annual income of approximately $94,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Bellaire compare to the national average home price?
The national median home value is approximately $410,000. At $358,326, homes in Bellaire are 13% below the national average.