Market Overview
Home Prices in Manitou Beach, MI
The median home value in Manitou Beach, MI is $326,823 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and down 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Manitou Beach are priced20% below average. Manitou Beach is part of the Adrian, MI metro area.
Over the past five years, Manitou Beach home values have risen by approximately21.8%, reflecting strong long-term appreciation in this market.
Price History
Manitou Beach Home Price Trend
City Comparison
Manitou Beach vs. National Median
At $326,823, homes in Manitou Beach cost 20% below the national median of $410,000. This makes Manitou Beach a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Manitou Beach?
20% Down Payment
$65,365
on $326,823
Monthly P&I
$1,705/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,165/mo
incl. taxes & insurance
Income Needed
$86,600
gross annual (30% rule)
10% Down Option
$32,682
+ PMI applies
Loan Amount (20% dn)
$261,458
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 Manitou Beach, MI?
The median home value in Manitou Beach is $326,823 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Manitou Beach?
Over the past year, home values in Manitou Beach have increased by 5.1%. Over five years, prices have risen approximately 21.8%.
How much do I need to earn to buy a home in Manitou Beach?
To comfortably afford the median home price of $326,823 with a 20% down payment ($65,365) at today's rates (6.8%), you'd need a gross annual income of approximately $86,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Manitou Beach compare to the national average home price?
The national median home value is approximately $410,000. At $326,823, homes in Manitou Beach are 20% below the national average.
What metro area is Manitou Beach part of?
Manitou Beach is part of the Adrian, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.