📍 South Branch, MI · Zillow ZHVI · July 2026

Average Home Price in
South Branch, MI

Oscoda County County

Median Home Value
$134,129
↑ 2.5% year-over-year
vs. National Median
$410,000
South Branch is 67% below
Est. Monthly Payment
$700/mo
20% down · 6.8% rate
Income Needed
$36K
gross annual (30% rule)
Median Home Value
$134,129
↑ 2.5% year-over-year

Down Payment (20%)$26,826
Monthly P&I$700/mo
With Taxes & Ins.~$889/mo
Income Needed$35,560/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in South Branch, MI

The median home value in South Branch, MI is $134,129 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 0.2% from two years prior.

Compared to the U.S. national median of $410,000, homes in South Branch are priced67% below average.

Over the past five years, South Branch home values have risen by approximately18.0%, reflecting steady appreciation in this market.

City Comparison

South Branch vs. National Median

🏠 South Branch
$134,129
National Median
$410,000

At $134,129, homes in South Branch cost 67% below the national median of $410,000. This makes South Branch a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in South Branch?

20% Down Payment
$26,826
on $134,129
Monthly P&I
$700/mo
30-yr @ 6.8%
Total Monthly Est.
~$889/mo
incl. taxes & insurance
Income Needed
$35,560
gross annual (30% rule)
10% Down Option
$13,413
+ PMI applies
Loan Amount (20% dn)
$107,303
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 South Branch, MI?
The median home value in South Branch is $134,129 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in South Branch?
Over the past year, home values in South Branch have increased by 2.5%. Over five years, prices have risen approximately 18.0%.
How much do I need to earn to buy a home in South Branch?
To comfortably afford the median home price of $134,129 with a 20% down payment ($26,826) at today's rates (6.8%), you'd need a gross annual income of approximately $35,560. This assumes keeping total housing costs at or below 30% of gross income.
How does South Branch compare to the national average home price?
The national median home value is approximately $410,000. At $134,129, homes in South Branch are 67% below the national average.