Market Overview
Home Prices in Pierson, MI
The median home value in Pierson, MI is $302,914 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.8% compared to a year ago and down 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pierson are priced26% below average. Pierson is part of the Grand Rapids-Kentwood, MI metro area.
Over the past five years, Pierson home values have risen by approximately25.5%, reflecting strong long-term appreciation in this market.
Price History
Pierson Home Price Trend
City Comparison
Pierson vs. National Median
At $302,914, homes in Pierson cost 26% below the national median of $410,000. This makes Pierson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pierson?
20% Down Payment
$60,583
on $302,914
Monthly P&I
$1,580/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,007/mo
incl. taxes & insurance
Income Needed
$80,280
gross annual (30% rule)
10% Down Option
$30,291
+ PMI applies
Loan Amount (20% dn)
$242,331
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 Pierson, MI?
The median home value in Pierson is $302,914 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.8% year-over-year.
How much have home prices changed in Pierson?
Over the past year, home values in Pierson have increased by 7.8%. Over five years, prices have risen approximately 25.5%.
How much do I need to earn to buy a home in Pierson?
To comfortably afford the median home price of $302,914 with a 20% down payment ($60,583) at today's rates (6.8%), you'd need a gross annual income of approximately $80,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Pierson compare to the national average home price?
The national median home value is approximately $410,000. At $302,914, homes in Pierson are 26% below the national average.
What metro area is Pierson part of?
Pierson is part of the Grand Rapids-Kentwood, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.