Market Overview
Home Prices in Hale, MI
The median home value in Hale, MI is $188,208 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.8% 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 Hale are priced54% below average.
Over the past five years, Hale home values have risen by approximately43.2%, reflecting strong long-term appreciation in this market.
Price History
Hale Home Price Trend
2020
$109,408
$109K
—
2021
$131,475
$131K
+20.2%
2022
$155,502
$156K
+18.3%
2023
$157,375
$157K
+1.2%
2024
$171,564
$172K
+9.0%
2025
$174,524
$175K
+1.7%
2026
$188,208
$188K
+7.8%
City Comparison
Hale vs. National Median
🏠 Hale
$188,208
National Median
$410,000
At $188,208, homes in Hale cost 54% below the national median of $410,000. This makes Hale a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hale?
20% Down Payment
$37,642
on $188,208
Monthly P&I
$982/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,247/mo
incl. taxes & insurance
Income Needed
$49,880
gross annual (30% rule)
10% Down Option
$18,821
+ PMI applies
Loan Amount (20% dn)
$150,566
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 Hale, MI?
The median home value in Hale is $188,208 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.8% year-over-year.
How much have home prices changed in Hale?
Over the past year, home values in Hale have increased by 7.8%. Over five years, prices have risen approximately 43.2%.
How much do I need to earn to buy a home in Hale?
To comfortably afford the median home price of $188,208 with a 20% down payment ($37,642) at today's rates (6.8%), you'd need a gross annual income of approximately $49,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Hale compare to the national average home price?
The national median home value is approximately $410,000. At $188,208, homes in Hale are 54% below the national average.