These are the cheapest and most expensive areas to buy a home in Michigan
Updated 1:22 PM;
Today 1:01 PM
Michigan homes sold for nearly $25,000 in 2020 than they did in 2019. (Photo provided by WayUp Media)WayUp Media
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The average Michigan home sale was nearly $25,000 higher in 2020 compared to 2019 as the pandemic spurred a buzzing real estate market.
Almost every corner of Michigan followed the trend, from Metro Detroit to the Upper Peninsula. But many of the hottest markets were in northern Michigan.
“That shows where people want to be,” said E’toile O’Rear-Libbett, president of Michigan Realtors. “They want land, they want wide-open spaces. And many of them want to be somewhere near water.”