Market Overview
Home Prices in Howell, MI
The median home value in Howell, MI is $387,395 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Howell are priced6% below average. Howell is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Howell home values have risen by approximately23.8%, reflecting strong long-term appreciation in this market.
Price History
Howell Home Price Trend
City Comparison
Howell vs. National Median
At $387,395, homes in Howell cost 6% below the national median of $410,000. This makes Howell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Howell?
20% Down Payment
$77,479
on $387,395
Monthly P&I
$2,020/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,565/mo
incl. taxes & insurance
Income Needed
$102,600
gross annual (30% rule)
10% Down Option
$38,740
+ PMI applies
Loan Amount (20% dn)
$309,916
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 Howell, MI?
The median home value in Howell is $387,395 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Howell?
Over the past year, home values in Howell have increased by 2.9%. Over five years, prices have risen approximately 23.8%.
How much do I need to earn to buy a home in Howell?
To comfortably afford the median home price of $387,395 with a 20% down payment ($77,479) at today's rates (6.8%), you'd need a gross annual income of approximately $102,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Howell compare to the national average home price?
The national median home value is approximately $410,000. At $387,395, homes in Howell are 6% below the national average.
What metro area is Howell part of?
Howell is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.