Market Overview
Home Prices in Rudyard, MI
The median home value in Rudyard, MI is $185,467 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.7% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rudyard are priced55% below average. Rudyard is part of the Sault Ste. Marie, MI metro area.
Over the past five years, Rudyard home values have risen by approximately20.5%, reflecting strong long-term appreciation in this market.
Price History
Rudyard Home Price Trend
City Comparison
Rudyard vs. National Median
At $185,467, homes in Rudyard cost 55% below the national median of $410,000. This makes Rudyard a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rudyard?
20% Down Payment
$37,093
on $185,467
Monthly P&I
$967/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,228/mo
incl. taxes & insurance
Income Needed
$49,120
gross annual (30% rule)
10% Down Option
$18,547
+ PMI applies
Loan Amount (20% dn)
$148,374
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 Rudyard, MI?
The median home value in Rudyard is $185,467 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.7% year-over-year.
How much have home prices changed in Rudyard?
Over the past year, home values in Rudyard have increased by 8.7%. Over five years, prices have risen approximately 20.5%.
How much do I need to earn to buy a home in Rudyard?
To comfortably afford the median home price of $185,467 with a 20% down payment ($37,093) at today's rates (6.8%), you'd need a gross annual income of approximately $49,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Rudyard compare to the national average home price?
The national median home value is approximately $410,000. At $185,467, homes in Rudyard are 55% below the national average.
What metro area is Rudyard part of?
Rudyard is part of the Sault Ste. Marie, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.