Michigan
3 things to know about Michigan’s rising home values
Five Michigan communities saw home values increase at more than twice the state average over the last year.
Greenbush in Alcona County had its typical home value increase 14% to about $235,435 between December 202 3and December 2024, according to Zillow data analyzed by Stacker, a New Jersey-based data media company.
Other significant risers included Mackinac Island (13%), Copper Harbor in Keweenaw County (12.7%), Douglas in Allegan County (10.5%), and Somerset Center in Hillsdale County (9.6%).
Below is home pricing data for 50 Michigan communities. Home values are “typical,” meaning they’re in the 35th to 65th percentile, according to Zillow data compiled by Stacker.
Below are three takeaways from MLive’s recent article, “Home prices are increasing fastest in these Michigan communities”
Michigan home values rising
Throughout Michigan, the typical home value in December was $241,165, according to Zillow’s home value index. Home values were up 4.7% from the same time in 2023.
Nationally, the typical home value in late 2024 was $358,461 — up 2.6% from a year ago.
Oakland County remains a hot spot
Of the top 50 communities included in the Stacker report, 15 were located in Oakland County, Michigan’s second-largest county.
Oakland County is home to much of Detroit’s northern suburbs. Its median household income ranks second in the state and 180th in the nation, according to federal records.
RELATED: These 14 Michigan homes sold for more than $5M in 2024
The Village of Franklin saw its typical home value increase by more than $56,000 in one year, and almost $245,000 over five years.
Similarly, the city of Lake Angelus had a five-year increase of $487,503, pushing the typical home value beyond $1.6 million.
Northern Michigan home values soaring
Northern communities made up the top three cities/villages for year-over-year home value percentage increases. They also earned four of the top nine spots in dollar increases from December 2023 to December 2024.
The typical home price in the small coastal town of Leland was more than $1.06 million in late 2024. Located in Leelanau County, about 30 minutes north of Traverse City, the community had the largest five-year increase in home value with the typical price increasing by more than $472,000,
Also representing Leelanau County were Glen Arbor, Lake Leelanau, Northport and Maple City.
Before-and-after images of homes on Black Lake near Onaway provide perspectives on how the community was affected by April flooding.
Snowmelt and rain have stressed dams and caused lakes to flood in northern Michigan.
The Cheboygan County Sheriff’s Office shared on social media photos and videos that the agency captured of Cheboygan County floods on Friday, April 17 from both the ground and air.
Deputies “observed a level of destruction that simply cannot be understood from ground level,” the sheriff’s office said in the post.
Google Maps images taken from two locations on Black Lake in 2024, compared with the Friday images, show how the floodwater has changed the landscape.
On North Black River Road and Taylor Road, the water has overflowed to North Black River Road.
In the 400 block of South Black River Road, water has also flooded homes and lakeside property.
“Black Lake, Black River, Cheboygan River, Burt Lake, Mullet Lake, the Sturgeon River − and nearly every waterway in the county have overflowed beyond their banks, swallowing docks, roads, yards, and in far too many cases, homes,” the sheriff’s office post said. “What should be familiar shorelines are now unrecognizable expanses of water.”
“Our hearts are with every family affected by this flooding,” Cheboygan County Sheriff Todd Ross said in the post. “We know many of you are facing significant damage to your homes and property, and the emotional toll that comes with it. Please know you are not alone. We are working around the clock with our partners to ensure safety, provide support, and begin the process of recovery. Stay strong, stay connected, and don’t hesitate to reach out for help, we will get through this together.”
Nearby, the UAW Black Lake Conference Center shared images on social media of floodwater threatening its Old Lodge.
The conference center is located at 2000 Maxon Road in Waverly Township.
The Cheboygan County Road Commission and the Cheboygan County Office of Emergency Management closed the bridge at Five Mile Point Road on Saturday, April 18 due to significant road washout in the area of South Black River Road and Red Bridge Road.
The sheriff’s office had encouraged residents in parts of the area to evacuate earlier in the week and said Saturday it had completed evacuation efforts on the west side of the lake.
TEXAS TOWNSHIP, Mich. — A 20-year-old Kalamazoo man is dead after crashing his vehicle into a tree Friday evening in Texas Township, according to Michigan State Police (MSP).
It happened on South 3rd Street and West PQ Avenue around 6:50 p.m., troopers said.
While he was driving in a no-passing zone, the Kalamazoo man swerved off the road to avoid an oncoming vehicle and subsequently crashed into the tree, according to MSP.
The 20-year-old died at the scene. A passenger was hurt, but police said their injuries were non-life threatening.
Troopers do not believe alcohol or drugs were a factor, and the two were reportedly wearing seatbelts.
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This incident remains under investigation by MSP.
A Southfield man has pleaded guilty to illegally possessing driver’s licenses, Social Security cards and equipment to create fake documents, federal prosecutors said.
Jerome Antwan Andrews, 41, pleaded guilty Thursday to possessing the driver’s license information and Social Security numbers of more than 250 people in a scheme that caused more than $550,000 in fraud losses, U.S. Attorney Jerome Gorgon Jr. said.
As part of his plea agreement, prosecutors say Andrews admitted to having an embosser, a laminator, a card cutter and an ID card printer and admitted that his business model was aimed at creating and selling fake Social Security cards and driver’s licenses in the names of real people.
“Jerome Antwan Andrews and his criminal associates stole more than $1.5 million by submitting hundreds of fraudulent claims to a pandemic program intended to help unemployed American workers. Today’s conviction of Andrews represents yet another attack in our war against fraud. It sends a stern warning that my office will relentlessly investigate those bad actors greedily lining their pockets with U.S. taxpayer funds,” said Anthony P. D’Esposito, Inspector General for the U.S. Department of Labor, Office of Inspector General.
Andrews faces up to 15 years in prison and a $250,000 fine or twice the pecuniary gain or loss, according to prosecutors. He will be sentenced at a later date.
Homeland Security Investigations and the U.S. Department of Labor investigated Andrews’ case.
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