Market Overview
Home Prices in Greenbush, MI
The median home value in Greenbush, MI is $257,440 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and up 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greenbush are priced37% below average.
Over the past five years, Greenbush home values have risen by approximately33.0%, reflecting strong long-term appreciation in this market.
Price History
Greenbush Home Price Trend
2020
$192,840
$193K
—
2021
$193,518
$194K
+0.4%
2022
$214,779
$215K
+11.0%
2023
$206,487
$206K
-3.9%
2024
$227,949
$228K
+10.4%
2025
$237,821
$238K
+4.3%
2026
$257,440
$257K
+8.2%
City Comparison
Greenbush vs. National Median
🏠 Greenbush
$257,440
National Median
$410,000
At $257,440, homes in Greenbush cost 37% below the national median of $410,000. This makes Greenbush a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Greenbush?
20% Down Payment
$51,488
on $257,440
Monthly P&I
$1,343/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,706/mo
incl. taxes & insurance
Income Needed
$68,240
gross annual (30% rule)
10% Down Option
$25,744
+ PMI applies
Loan Amount (20% dn)
$205,952
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 Greenbush, MI?
The median home value in Greenbush is $257,440 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Greenbush?
Over the past year, home values in Greenbush have increased by 8.2%. Over five years, prices have risen approximately 33.0%.
How much do I need to earn to buy a home in Greenbush?
To comfortably afford the median home price of $257,440 with a 20% down payment ($51,488) at today's rates (6.8%), you'd need a gross annual income of approximately $68,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Greenbush compare to the national average home price?
The national median home value is approximately $410,000. At $257,440, homes in Greenbush are 37% below the national average.