Market Overview
Home Prices in Durand, MI
The median home value in Durand, MI is $161,471 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Durand are priced61% below average. Durand is part of the Lansing-East Lansing, MI metro area.
Over the past five years, Durand home values have risen by approximately20.1%, reflecting strong long-term appreciation in this market.
Price History
Durand Home Price Trend
City Comparison
Durand vs. National Median
At $161,471, homes in Durand cost 61% below the national median of $410,000. This makes Durand a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Durand?
20% Down Payment
$32,294
on $161,471
Monthly P&I
$842/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,069/mo
incl. taxes & insurance
Income Needed
$42,760
gross annual (30% rule)
10% Down Option
$16,147
+ PMI applies
Loan Amount (20% dn)
$129,177
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 Durand, MI?
The median home value in Durand is $161,471 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Durand?
Over the past year, home values in Durand have decreased by 1.1%. Over five years, prices have risen approximately 20.1%.
How much do I need to earn to buy a home in Durand?
To comfortably afford the median home price of $161,471 with a 20% down payment ($32,294) at today's rates (6.8%), you'd need a gross annual income of approximately $42,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Durand compare to the national average home price?
The national median home value is approximately $410,000. At $161,471, homes in Durand are 61% below the national average.
What metro area is Durand part of?
Durand is part of the Lansing-East Lansing, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.