Market Overview
Home Prices in Tallmadge, MI
The median home value in Tallmadge, MI is $426,108 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.5% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tallmadge are priced4% above average. Tallmadge is part of the Grand Rapids-Kentwood, MI metro area.
Over the past five years, Tallmadge home values have risen by approximately33.0%, reflecting strong long-term appreciation in this market.
Price History
Tallmadge Home Price Trend
City Comparison
Tallmadge vs. National Median
At $426,108, homes in Tallmadge cost 4% above the national median of $410,000. Buyers in Tallmadge should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Tallmadge?
20% Down Payment
$85,222
on $426,108
Monthly P&I
$2,222/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,822/mo
incl. taxes & insurance
Income Needed
$112,880
gross annual (30% rule)
10% Down Option
$42,611
+ PMI applies
Loan Amount (20% dn)
$340,886
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 Tallmadge, MI?
The median home value in Tallmadge is $426,108 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.5% year-over-year.
How much have home prices changed in Tallmadge?
Over the past year, home values in Tallmadge have increased by 6.5%. Over five years, prices have risen approximately 33.0%.
How much do I need to earn to buy a home in Tallmadge?
To comfortably afford the median home price of $426,108 with a 20% down payment ($85,222) at today's rates (6.8%), you'd need a gross annual income of approximately $112,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Tallmadge compare to the national average home price?
The national median home value is approximately $410,000. At $426,108, homes in Tallmadge are 4% above the national average.
What metro area is Tallmadge part of?
Tallmadge is part of the Grand Rapids-Kentwood, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.