Home prices
The median home value in Michigan Center is $117,800. It is about $16,520 (16%) higher in comparison to nearby areas.Compared to the entire nation it is approximately $99,700 (45%) lower, and it is about $68,600 (139%) higher in comparison to the city of Detroit.
Rents
In Michigan Center the median monthly rent is $817. It is about $68 (9%) higher in comparison to its surrounding areas.It is roughly $245 (23%) lower in comparison to the rest of the country, and is is very similar in comparison to the city of Detroit.
Nearby places
Jackson
Jackson is Michigan Center's neighbor to the west. Real estate prices there are significantly less expensive. The median home in Jackson is valued at $68,400, which comes out to $49,400 (72%) lower than Michigan Center. The rent there is somewhat less expensive. Jackson's median monthly rent is $739, which comes out to $78 (10%) lower than Michigan Center.
Vandercook Lake
Vandercook Lake is about 3 miles southwest of Michigan Center. Its real estate prices are a bit less expensive. Vandercook Lake's median home value is $92,500, which works out to $25,300 (27%) lower than Michigan Center. The rent there is fairly similar. Vandercook Lake's median monthly rent is $841, which comes out to $24 (2%) higher than Michigan Center.
Grass Lake
Grass Lake is roughly 5 miles east from Michigan Center. Its housing prices are somewhat more expensive. The median home in Grass Lake is valued at $155,900, which is $38,100 (24%) higher than Michigan Center. Rent there is fairly similar. In Grass Lake the median monthly rent is $833, which comes out to $16 (1%) higher than Michigan Center.
Napoleon
Napoleon is about 5 miles southeast from Michigan Center. The real estate prices there are significantly less expensive. The cost of the median home in Napoleon is $60,200, which works out to $57,600 (95%) lower than Michigan Center. Rent there is a little less expensive. In Napoleon the median rent is $689 per month, which is $128 (18%) lower than Michigan Center.
Brooklyn
Brooklyn is roughly 8 miles south from Michigan Center. The real estate prices there are somewhat more expensive. The median home cost in Brooklyn is $129,400, which works out to $11,600 (8%) higher than Michigan Center. Rent there is somewhat less expensive. In Brooklyn the median monthly rent is $645, which works out to $172 (26%) lower than Michigan Center.