Market Overview
Home Prices in Mendon, MI
The median home value in Mendon, MI is $217,867 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.7% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mendon are priced47% below average. Mendon is part of the Sturgis, MI metro area.
Over the past five years, Mendon home values have risen by approximately22.0%, reflecting strong long-term appreciation in this market.
Price History
Mendon Home Price Trend
City Comparison
Mendon vs. National Median
At $217,867, homes in Mendon cost 47% below the national median of $410,000. This makes Mendon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mendon?
20% Down Payment
$43,573
on $217,867
Monthly P&I
$1,136/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,443/mo
incl. taxes & insurance
Income Needed
$57,720
gross annual (30% rule)
10% Down Option
$21,787
+ PMI applies
Loan Amount (20% dn)
$174,294
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 Mendon, MI?
The median home value in Mendon is $217,867 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.7% year-over-year.
How much have home prices changed in Mendon?
Over the past year, home values in Mendon have increased by 9.7%. Over five years, prices have risen approximately 22.0%.
How much do I need to earn to buy a home in Mendon?
To comfortably afford the median home price of $217,867 with a 20% down payment ($43,573) at today's rates (6.8%), you'd need a gross annual income of approximately $57,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Mendon compare to the national average home price?
The national median home value is approximately $410,000. At $217,867, homes in Mendon are 47% below the national average.
What metro area is Mendon part of?
Mendon is part of the Sturgis, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.