Market Overview
Home Prices in L'' Anse, MI
The median home value in L'' Anse, MI is $170,180 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.6% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in L'' Anse are priced58% below average.
Over the past five years, L'' Anse home values have risen by approximately19.8%, reflecting steady appreciation in this market.
Price History
L'' Anse Home Price Trend
2020
$119,012
$119K
—
2021
$142,050
$142K
+19.4%
2022
$152,777
$153K
+7.6%
2023
$153,258
$153K
+0.3%
2024
$144,606
$145K
-5.6%
2025
$151,084
$151K
+4.5%
2026
$170,180
$170K
+12.6%
City Comparison
L'' Anse vs. National Median
🏠 L'' Anse
$170,180
National Median
$410,000
At $170,180, homes in L'' Anse cost 58% below the national median of $410,000. This makes L'' Anse a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in L'' Anse?
20% Down Payment
$34,036
on $170,180
Monthly P&I
$888/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,128/mo
incl. taxes & insurance
Income Needed
$45,120
gross annual (30% rule)
10% Down Option
$17,018
+ PMI applies
Loan Amount (20% dn)
$136,144
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 L'' Anse, MI?
The median home value in L'' Anse is $170,180 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.6% year-over-year.
How much have home prices changed in L'' Anse?
Over the past year, home values in L'' Anse have increased by 12.6%. Over five years, prices have risen approximately 19.8%.
How much do I need to earn to buy a home in L'' Anse?
To comfortably afford the median home price of $170,180 with a 20% down payment ($34,036) at today's rates (6.8%), you'd need a gross annual income of approximately $45,120. This assumes keeping total housing costs at or below 30% of gross income.
How does L'' Anse compare to the national average home price?
The national median home value is approximately $410,000. At $170,180, homes in L'' Anse are 58% below the national average.