Michigan price per sq ft
The price per square foot in Michigan is $158, ranking #43 of 50 U.S. states. Updated monthly and free to explore.
Price per sq ft
$158
Ranks #43 of 50 U.S. states, in the top 84%.
- vs. national median$201Michigan is lower than the U.S. median
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What price per sq ft means
Median sale price per square foot divides a home's sold price by its size, so markets with very different typical home sizes compare on an even footing. It is a cleaner read on how expensive a market really is than the raw median sale price, which mixes in how big the homes are. This is the size-normalized price signal that data platforms like Parcl Labs sell through an enterprise API; here it is free, from closed Redfin transactions (MLS-sourced), so it is populated even in non-disclosure states.
Michigan price per square foot: common questions
What is the price per square foot in Michigan?
The price per square foot in Michigan is $158, which ranks #43 of 50 U.S. states. Curb Report updates this monthly and it is free to view.
Is the price per square foot in Michigan above or below the national average?
Michigan is lower than the U.S. median of $201, putting it in the top 84% of U.S. states.
Is the price per square foot the same as the price per sq ft?
Price per square foot and cost per square foot mean the same thing here. The figure is a median across closed sales, not an average, so one unusually large or expensive sale cannot drag it.
What does price per sq ft mean?
Median sale price per square foot divides a home's sold price by its size, so markets with very different typical home sizes compare on an even footing. It is a cleaner read on how expensive a market really is than the raw median sale price, which mixes in how big the homes are. This is the size-normalized price signal that data platforms like Parcl Labs sell through an enterprise API; here it is free, from closed Redfin transactions (MLS-sourced), so it is populated even in non-disclosure states.