Market Overview
Home Prices in Harbor Beach, MI
The median home value in Harbor Beach, MI is $202,679 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Harbor Beach are priced51% below average.
Over the past five years, Harbor Beach home values have risen by approximately34.0%, reflecting strong long-term appreciation in this market.
Price History
Harbor Beach Home Price Trend
2020
$130,941
$131K
—
2021
$151,276
$151K
+15.5%
2022
$173,469
$173K
+14.7%
2023
$182,814
$183K
+5.4%
2024
$191,925
$192K
+5.0%
2025
$191,845
$192K
+-0.0%
2026
$202,679
$203K
+5.6%
City Comparison
Harbor Beach vs. National Median
🏠 Harbor Beach
$202,679
National Median
$410,000
At $202,679, homes in Harbor Beach cost 51% below the national median of $410,000. This makes Harbor Beach a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Harbor Beach?
20% Down Payment
$40,536
on $202,679
Monthly P&I
$1,057/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,342/mo
incl. taxes & insurance
Income Needed
$53,680
gross annual (30% rule)
10% Down Option
$20,268
+ PMI applies
Loan Amount (20% dn)
$162,143
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 Harbor Beach, MI?
The median home value in Harbor Beach is $202,679 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Harbor Beach?
Over the past year, home values in Harbor Beach have increased by 5.6%. Over five years, prices have risen approximately 34.0%.
How much do I need to earn to buy a home in Harbor Beach?
To comfortably afford the median home price of $202,679 with a 20% down payment ($40,536) at today's rates (6.8%), you'd need a gross annual income of approximately $53,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Harbor Beach compare to the national average home price?
The national median home value is approximately $410,000. At $202,679, homes in Harbor Beach are 51% below the national average.