Market Overview
Home Prices in Northport, MI
The median home value in Northport, MI is $872,729 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Northport are priced113% above average. Northport is part of the Traverse City, MI metro area.
Over the past five years, Northport home values have risen by approximately37.4%, reflecting strong long-term appreciation in this market.
Price History
Northport Home Price Trend
City Comparison
Northport vs. National Median
At $872,729, homes in Northport cost 113% above the national median of $410,000. Buyers in Northport should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Northport?
20% Down Payment
$174,546
on $872,729
Monthly P&I
$4,552/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,781/mo
incl. taxes & insurance
Income Needed
$231,240
gross annual (30% rule)
10% Down Option
$87,273
+ PMI applies
Loan Amount (20% dn)
$698,183
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 Northport, MI?
The median home value in Northport is $872,729 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Northport?
Over the past year, home values in Northport have increased by 3.1%. Over five years, prices have risen approximately 37.4%.
How much do I need to earn to buy a home in Northport?
To comfortably afford the median home price of $872,729 with a 20% down payment ($174,546) at today's rates (6.8%), you'd need a gross annual income of approximately $231,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Northport compare to the national average home price?
The national median home value is approximately $410,000. At $872,729, homes in Northport are 113% above the national average.
What metro area is Northport part of?
Northport is part of the Traverse City, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.