Market Overview
Home Prices in Peck, MI
The median home value in Peck, MI is $186,587 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and down 6.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Peck are priced54% below average.
Price History
Peck Home Price Trend
2022
$203,779
$204K
—
2023
$203,886
$204K
+0.1%
2024
$193,151
$193K
-5.3%
2025
$180,076
$180K
-6.8%
2026
$186,587
$187K
+3.6%
City Comparison
Peck vs. National Median
🏠 Peck
$186,587
National Median
$410,000
At $186,587, homes in Peck cost 54% below the national median of $410,000. This makes Peck a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Peck?
20% Down Payment
$37,317
on $186,587
Monthly P&I
$973/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,236/mo
incl. taxes & insurance
Income Needed
$49,440
gross annual (30% rule)
10% Down Option
$18,659
+ PMI applies
Loan Amount (20% dn)
$149,270
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 Peck, MI?
The median home value in Peck is $186,587 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Peck?
Over the past year, home values in Peck have increased by 3.6%.
How much do I need to earn to buy a home in Peck?
To comfortably afford the median home price of $186,587 with a 20% down payment ($37,317) at today's rates (6.8%), you'd need a gross annual income of approximately $49,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Peck compare to the national average home price?
The national median home value is approximately $410,000. At $186,587, homes in Peck are 54% below the national average.