Market Overview
Home Prices in Fairview, MI
The median home value in Fairview, MI is $178,464 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fairview are priced56% below average.
Over the past five years, Fairview home values have risen by approximately30.5%, reflecting strong long-term appreciation in this market.
Price History
Fairview Home Price Trend
2020
$112,374
$112K
—
2021
$136,762
$137K
+21.7%
2022
$154,607
$155K
+13.0%
2023
$165,381
$165K
+7.0%
2024
$167,679
$168K
+1.4%
2025
$170,569
$171K
+1.7%
2026
$178,464
$178K
+4.6%
City Comparison
Fairview vs. National Median
🏠 Fairview
$178,464
National Median
$410,000
At $178,464, homes in Fairview cost 56% below the national median of $410,000. This makes Fairview a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fairview?
20% Down Payment
$35,693
on $178,464
Monthly P&I
$931/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,182/mo
incl. taxes & insurance
Income Needed
$47,280
gross annual (30% rule)
10% Down Option
$17,846
+ PMI applies
Loan Amount (20% dn)
$142,771
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 Fairview, MI?
The median home value in Fairview is $178,464 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Fairview?
Over the past year, home values in Fairview have increased by 4.6%. Over five years, prices have risen approximately 30.5%.
How much do I need to earn to buy a home in Fairview?
To comfortably afford the median home price of $178,464 with a 20% down payment ($35,693) at today's rates (6.8%), you'd need a gross annual income of approximately $47,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Fairview compare to the national average home price?
The national median home value is approximately $410,000. At $178,464, homes in Fairview are 56% below the national average.