Market Overview
Home Prices in Keego Harbor, MI
The median home value in Keego Harbor, MI is $233,536 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.2% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Keego Harbor are priced43% below average. Keego Harbor is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Keego Harbor home values have risen by approximately15.9%, reflecting steady appreciation in this market.
Price History
Keego Harbor Home Price Trend
City Comparison
Keego Harbor vs. National Median
At $233,536, homes in Keego Harbor cost 43% below the national median of $410,000. This makes Keego Harbor a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Keego Harbor?
20% Down Payment
$46,707
on $233,536
Monthly P&I
$1,218/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,547/mo
incl. taxes & insurance
Income Needed
$61,880
gross annual (30% rule)
10% Down Option
$23,354
+ PMI applies
Loan Amount (20% dn)
$186,829
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 Keego Harbor, MI?
The median home value in Keego Harbor is $233,536 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.2% year-over-year.
How much have home prices changed in Keego Harbor?
Over the past year, home values in Keego Harbor have decreased by 1.2%. Over five years, prices have risen approximately 15.9%.
How much do I need to earn to buy a home in Keego Harbor?
To comfortably afford the median home price of $233,536 with a 20% down payment ($46,707) at today's rates (6.8%), you'd need a gross annual income of approximately $61,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Keego Harbor compare to the national average home price?
The national median home value is approximately $410,000. At $233,536, homes in Keego Harbor are 43% below the national average.
What metro area is Keego Harbor part of?
Keego Harbor is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.