Market Overview
Home Prices in Corunna, MI
The median home value in Corunna, MI is $206,787 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Corunna are priced50% below average. Corunna is part of the Lansing-East Lansing, MI metro area.
Over the past five years, Corunna home values have risen by approximately26.2%, reflecting strong long-term appreciation in this market.
Price History
Corunna Home Price Trend
City Comparison
Corunna vs. National Median
At $206,787, homes in Corunna cost 50% below the national median of $410,000. This makes Corunna a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Corunna?
20% Down Payment
$41,357
on $206,787
Monthly P&I
$1,078/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,369/mo
incl. taxes & insurance
Income Needed
$54,760
gross annual (30% rule)
10% Down Option
$20,679
+ PMI applies
Loan Amount (20% dn)
$165,430
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 Corunna, MI?
The median home value in Corunna is $206,787 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Corunna?
Over the past year, home values in Corunna have increased by 6.4%. Over five years, prices have risen approximately 26.2%.
How much do I need to earn to buy a home in Corunna?
To comfortably afford the median home price of $206,787 with a 20% down payment ($41,357) at today's rates (6.8%), you'd need a gross annual income of approximately $54,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Corunna compare to the national average home price?
The national median home value is approximately $410,000. At $206,787, homes in Corunna are 50% below the national average.
What metro area is Corunna part of?
Corunna is part of the Lansing-East Lansing, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.