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📍 Boon, MI · Zillow ZHVI · July 2026

Average Home Price in
Boon, MI

Cadillac, MI metro area · Wexford County County

Median Home Value
$273,032
↑ 5.8% year-over-year
vs. National Median
$410,000
Boon is 33% below
Est. Monthly Payment
$1,424/mo
20% down · 6.8% rate
Income Needed
$72K
gross annual (30% rule)
Median Home Value
$273,032
↑ 5.8% year-over-year
Down Payment (20%)$54,606
Monthly P&I$1,424/mo
With Taxes & Ins.~$1,808/mo
Income Needed$72,320/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Boon, MI

The median home value in Boon, MI is $273,032 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 5.9% from two years prior.

Compared to the U.S. national median of $410,000, homes in Boon are priced33% below average. Boon is part of the Cadillac, MI metro area.

City Comparison

Boon vs. National Median

🏠 Boon
$273,032
National Median
$410,000

At $273,032, homes in Boon cost 33% below the national median of $410,000. This makes Boon a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Boon?

20% Down Payment
$54,606
on $273,032
Monthly P&I
$1,424/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,808/mo
incl. taxes & insurance
Income Needed
$72,320
gross annual (30% rule)
10% Down Option
$27,303
+ PMI applies
Loan Amount (20% dn)
$218,426
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 Boon, MI?
The median home value in Boon is $273,032 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Boon?
Over the past year, home values in Boon have increased by 5.8%.
How much do I need to earn to buy a home in Boon?
To comfortably afford the median home price of $273,032 with a 20% down payment ($54,606) at today's rates (6.8%), you'd need a gross annual income of approximately $72,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Boon compare to the national average home price?
The national median home value is approximately $410,000. At $273,032, homes in Boon are 33% below the national average.
What metro area is Boon part of?
Boon is part of the Cadillac, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.