Market Overview
Home Prices in Cement City, MI
The median home value in Cement City, MI is $265,313 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cement City are priced35% below average. Cement City is part of the Adrian, MI metro area.
Over the past five years, Cement City home values have risen by approximately27.0%, reflecting strong long-term appreciation in this market.
Price History
Cement City Home Price Trend
City Comparison
Cement City vs. National Median
At $265,313, homes in Cement City cost 35% below the national median of $410,000. This makes Cement City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cement City?
20% Down Payment
$53,063
on $265,313
Monthly P&I
$1,384/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,758/mo
incl. taxes & insurance
Income Needed
$70,320
gross annual (30% rule)
10% Down Option
$26,531
+ PMI applies
Loan Amount (20% dn)
$212,250
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 Cement City, MI?
The median home value in Cement City is $265,313 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Cement City?
Over the past year, home values in Cement City have increased by 6.1%. Over five years, prices have risen approximately 27.0%.
How much do I need to earn to buy a home in Cement City?
To comfortably afford the median home price of $265,313 with a 20% down payment ($53,063) at today's rates (6.8%), you'd need a gross annual income of approximately $70,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Cement City compare to the national average home price?
The national median home value is approximately $410,000. At $265,313, homes in Cement City are 35% below the national average.
What metro area is Cement City part of?
Cement City is part of the Adrian, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.