Market Overview
Home Prices in Powers, MI
The median home value in Powers, MI is $188,927 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.2% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Powers are priced54% below average. Powers is part of the Marinette, WI-MI metro area.
Price History
Powers Home Price Trend
2022
$198,847
$199K
—
2023
$184,039
$184K
-7.4%
2024
$169,326
$169K
-8.0%
2025
$172,999
$173K
+2.2%
2026
$188,927
$189K
+9.2%
City Comparison
Powers vs. National Median
🏠 Powers
$188,927
National Median
$410,000
At $188,927, homes in Powers cost 54% below the national median of $410,000. This makes Powers a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Powers?
20% Down Payment
$37,785
on $188,927
Monthly P&I
$985/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,251/mo
incl. taxes & insurance
Income Needed
$50,040
gross annual (30% rule)
10% Down Option
$18,893
+ PMI applies
Loan Amount (20% dn)
$151,142
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 Powers, MI?
The median home value in Powers is $188,927 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.2% year-over-year.
How much have home prices changed in Powers?
Over the past year, home values in Powers have increased by 9.2%.
How much do I need to earn to buy a home in Powers?
To comfortably afford the median home price of $188,927 with a 20% down payment ($37,785) at today's rates (6.8%), you'd need a gross annual income of approximately $50,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Powers compare to the national average home price?
The national median home value is approximately $410,000. At $188,927, homes in Powers are 54% below the national average.
What metro area is Powers part of?
Powers is part of the Marinette, WI-MI metropolitan area. Home prices and market conditions can vary across the broader metro region.