Market Overview
Home Prices in Saint Ignace, MI
The median home value in Saint Ignace, MI is $238,420 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.6% compared to a year ago and up 5.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Saint Ignace are priced42% below average.
Over the past five years, Saint Ignace home values have risen by approximately59.2%, reflecting strong long-term appreciation in this market.
Price History
Saint Ignace Home Price Trend
2020
$132,078
$132K
—
2021
$149,771
$150K
+13.4%
2022
$188,665
$189K
+26.0%
2023
$197,069
$197K
+4.5%
2024
$209,288
$209K
+6.2%
2025
$221,673
$222K
+5.9%
2026
$238,420
$238K
+7.6%
City Comparison
Saint Ignace vs. National Median
🏠 Saint Ignace
$238,420
National Median
$410,000
At $238,420, homes in Saint Ignace cost 42% below the national median of $410,000. This makes Saint Ignace a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Saint Ignace?
20% Down Payment
$47,684
on $238,420
Monthly P&I
$1,243/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,579/mo
incl. taxes & insurance
Income Needed
$63,160
gross annual (30% rule)
10% Down Option
$23,842
+ PMI applies
Loan Amount (20% dn)
$190,736
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 Saint Ignace, MI?
The median home value in Saint Ignace is $238,420 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.6% year-over-year.
How much have home prices changed in Saint Ignace?
Over the past year, home values in Saint Ignace have increased by 7.6%. Over five years, prices have risen approximately 59.2%.
How much do I need to earn to buy a home in Saint Ignace?
To comfortably afford the median home price of $238,420 with a 20% down payment ($47,684) at today's rates (6.8%), you'd need a gross annual income of approximately $63,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Saint Ignace compare to the national average home price?
The national median home value is approximately $410,000. At $238,420, homes in Saint Ignace are 42% below the national average.