Market Overview
Home Prices in Midland, MI
The median home value in Midland, MI is $260,029 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Midland are priced37% below average. Midland is part of the Midland, MI metro area.
Over the past five years, Midland home values have risen by approximately35.3%, reflecting strong long-term appreciation in this market.
Price History
Midland Home Price Trend
City Comparison
Midland vs. National Median
At $260,029, homes in Midland cost 37% below the national median of $410,000. This makes Midland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Midland?
20% Down Payment
$52,006
on $260,029
Monthly P&I
$1,356/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,722/mo
incl. taxes & insurance
Income Needed
$68,880
gross annual (30% rule)
10% Down Option
$26,003
+ PMI applies
Loan Amount (20% dn)
$208,023
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 Midland, MI?
The median home value in Midland is $260,029 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Midland?
Over the past year, home values in Midland have increased by 8.2%. Over five years, prices have risen approximately 35.3%.
How much do I need to earn to buy a home in Midland?
To comfortably afford the median home price of $260,029 with a 20% down payment ($52,006) at today's rates (6.8%), you'd need a gross annual income of approximately $68,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Midland compare to the national average home price?
The national median home value is approximately $410,000. At $260,029, homes in Midland are 37% below the national average.
What metro area is Midland part of?
Midland is part of the Midland, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.