Market Overview
Home Prices in Port Austin, MI
The median home value in Port Austin, MI is $260,351 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.5% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Port Austin are priced36% below average.
Over the past five years, Port Austin home values have risen by approximately47.8%, reflecting strong long-term appreciation in this market.
Price History
Port Austin Home Price Trend
2020
$154,884
$155K
—
2021
$176,111
$176K
+13.7%
2022
$205,295
$205K
+16.6%
2023
$211,440
$211K
+3.0%
2024
$231,692
$232K
+9.6%
2025
$235,625
$236K
+1.7%
2026
$260,351
$260K
+10.5%
City Comparison
Port Austin vs. National Median
🏠 Port Austin
$260,351
National Median
$410,000
At $260,351, homes in Port Austin cost 36% below the national median of $410,000. This makes Port Austin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Port Austin?
20% Down Payment
$52,070
on $260,351
Monthly P&I
$1,358/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,725/mo
incl. taxes & insurance
Income Needed
$69,000
gross annual (30% rule)
10% Down Option
$26,035
+ PMI applies
Loan Amount (20% dn)
$208,281
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 Port Austin, MI?
The median home value in Port Austin is $260,351 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.5% year-over-year.
How much have home prices changed in Port Austin?
Over the past year, home values in Port Austin have increased by 10.5%. Over five years, prices have risen approximately 47.8%.
How much do I need to earn to buy a home in Port Austin?
To comfortably afford the median home price of $260,351 with a 20% down payment ($52,070) at today's rates (6.8%), you'd need a gross annual income of approximately $69,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Port Austin compare to the national average home price?
The national median home value is approximately $410,000. At $260,351, homes in Port Austin are 36% below the national average.