Market Overview
Home Prices in Smiths Creek, MI
The median home value in Smiths Creek, MI is $239,355 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and down 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Smiths Creek are priced42% below average. Smiths Creek is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Smiths Creek home values have risen by approximately10.8%, reflecting steady appreciation in this market.
Price History
Smiths Creek Home Price Trend
City Comparison
Smiths Creek vs. National Median
At $239,355, homes in Smiths Creek cost 42% below the national median of $410,000. This makes Smiths Creek a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Smiths Creek?
20% Down Payment
$47,871
on $239,355
Monthly P&I
$1,248/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,585/mo
incl. taxes & insurance
Income Needed
$63,400
gross annual (30% rule)
10% Down Option
$23,936
+ PMI applies
Loan Amount (20% dn)
$191,484
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 Smiths Creek, MI?
The median home value in Smiths Creek is $239,355 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Smiths Creek?
Over the past year, home values in Smiths Creek have increased by 2.6%. Over five years, prices have risen approximately 10.8%.
How much do I need to earn to buy a home in Smiths Creek?
To comfortably afford the median home price of $239,355 with a 20% down payment ($47,871) at today's rates (6.8%), you'd need a gross annual income of approximately $63,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Smiths Creek compare to the national average home price?
The national median home value is approximately $410,000. At $239,355, homes in Smiths Creek are 42% below the national average.
What metro area is Smiths Creek part of?
Smiths Creek is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.