Market Overview
Home Prices in East Tawas, MI
The median home value in East Tawas, MI is $202,302 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in East Tawas are priced51% below average.
Over the past five years, East Tawas home values have risen by approximately32.7%, reflecting strong long-term appreciation in this market.
Price History
East Tawas Home Price Trend
2020
$132,653
$133K
—
2021
$152,454
$152K
+14.9%
2022
$176,938
$177K
+16.1%
2023
$183,813
$184K
+3.9%
2024
$192,162
$192K
+4.5%
2025
$189,482
$189K
-1.4%
2026
$202,302
$202K
+6.8%
City Comparison
East Tawas vs. National Median
🏠 East Tawas
$202,302
National Median
$410,000
At $202,302, homes in East Tawas cost 51% below the national median of $410,000. This makes East Tawas a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in East Tawas?
20% Down Payment
$40,460
on $202,302
Monthly P&I
$1,055/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,340/mo
incl. taxes & insurance
Income Needed
$53,600
gross annual (30% rule)
10% Down Option
$20,230
+ PMI applies
Loan Amount (20% dn)
$161,842
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 East Tawas, MI?
The median home value in East Tawas is $202,302 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in East Tawas?
Over the past year, home values in East Tawas have increased by 6.8%. Over five years, prices have risen approximately 32.7%.
How much do I need to earn to buy a home in East Tawas?
To comfortably afford the median home price of $202,302 with a 20% down payment ($40,460) at today's rates (6.8%), you'd need a gross annual income of approximately $53,600. This assumes keeping total housing costs at or below 30% of gross income.
How does East Tawas compare to the national average home price?
The national median home value is approximately $410,000. At $202,302, homes in East Tawas are 51% below the national average.