Market Overview
Home Prices in Cedar Springs, MI
The median home value in Cedar Springs, MI is $351,649 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.3% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cedar Springs are priced14% below average. Cedar Springs is part of the Grand Rapids-Kentwood, MI metro area.
Over the past five years, Cedar Springs home values have risen by approximately32.0%, reflecting strong long-term appreciation in this market.
Price History
Cedar Springs Home Price Trend
City Comparison
Cedar Springs vs. National Median
At $351,649, homes in Cedar Springs cost 14% below the national median of $410,000. This makes Cedar Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cedar Springs?
20% Down Payment
$70,330
on $351,649
Monthly P&I
$1,834/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,329/mo
incl. taxes & insurance
Income Needed
$93,160
gross annual (30% rule)
10% Down Option
$35,165
+ PMI applies
Loan Amount (20% dn)
$281,319
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 Cedar Springs, MI?
The median home value in Cedar Springs is $351,649 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.3% year-over-year.
How much have home prices changed in Cedar Springs?
Over the past year, home values in Cedar Springs have increased by 5.3%. Over five years, prices have risen approximately 32.0%.
How much do I need to earn to buy a home in Cedar Springs?
To comfortably afford the median home price of $351,649 with a 20% down payment ($70,330) at today's rates (6.8%), you'd need a gross annual income of approximately $93,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Cedar Springs compare to the national average home price?
The national median home value is approximately $410,000. At $351,649, homes in Cedar Springs are 14% below the national average.
What metro area is Cedar Springs part of?
Cedar Springs is part of the Grand Rapids-Kentwood, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.