Market Overview
Home Prices in Mulliken, MI
The median home value in Mulliken, MI is $247,869 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mulliken are priced40% below average. Mulliken is part of the Lansing-East Lansing, MI metro area.
Over the past five years, Mulliken home values have risen by approximately23.4%, reflecting strong long-term appreciation in this market.
Price History
Mulliken Home Price Trend
City Comparison
Mulliken vs. National Median
At $247,869, homes in Mulliken cost 40% below the national median of $410,000. This makes Mulliken a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mulliken?
20% Down Payment
$49,574
on $247,869
Monthly P&I
$1,293/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,642/mo
incl. taxes & insurance
Income Needed
$65,680
gross annual (30% rule)
10% Down Option
$24,787
+ PMI applies
Loan Amount (20% dn)
$198,295
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 Mulliken, MI?
The median home value in Mulliken is $247,869 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Mulliken?
Over the past year, home values in Mulliken have increased by 4.5%. Over five years, prices have risen approximately 23.4%.
How much do I need to earn to buy a home in Mulliken?
To comfortably afford the median home price of $247,869 with a 20% down payment ($49,574) at today's rates (6.8%), you'd need a gross annual income of approximately $65,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Mulliken compare to the national average home price?
The national median home value is approximately $410,000. At $247,869, homes in Mulliken are 40% below the national average.
What metro area is Mulliken part of?
Mulliken is part of the Lansing-East Lansing, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.