Market Overview
Home Prices in Perrinton, MI
The median home value in Perrinton, MI is $290,273 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.6% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Perrinton are priced29% below average. Perrinton is part of the Alma, MI metro area.
Over the past five years, Perrinton home values have risen by approximately35.9%, reflecting strong long-term appreciation in this market.
Price History
Perrinton Home Price Trend
City Comparison
Perrinton vs. National Median
At $290,273, homes in Perrinton cost 29% below the national median of $410,000. This makes Perrinton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Perrinton?
20% Down Payment
$58,055
on $290,273
Monthly P&I
$1,514/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,923/mo
incl. taxes & insurance
Income Needed
$76,920
gross annual (30% rule)
10% Down Option
$29,027
+ PMI applies
Loan Amount (20% dn)
$232,218
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 Perrinton, MI?
The median home value in Perrinton is $290,273 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.6% year-over-year.
How much have home prices changed in Perrinton?
Over the past year, home values in Perrinton have increased by 10.6%. Over five years, prices have risen approximately 35.9%.
How much do I need to earn to buy a home in Perrinton?
To comfortably afford the median home price of $290,273 with a 20% down payment ($58,055) at today's rates (6.8%), you'd need a gross annual income of approximately $76,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Perrinton compare to the national average home price?
The national median home value is approximately $410,000. At $290,273, homes in Perrinton are 29% below the national average.
What metro area is Perrinton part of?
Perrinton is part of the Alma, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.