What is the median home value in Cement City, MI?
The median value of owner-occupied homes in Cement City, MI is $104,500 (±$33,248), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Cement City, the median home value went from $73,200 in 2015–2019 to $104,500 in 2020–2024 (+42.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $104,500 (±$33,248)
- Owner-occupied homes
- 187 (±48)
- Most common range
- Less than $50,000
Home values in Cement City
| Value | Cement City | Lenawee County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 26.2% (±13.2 points) | 6.8% | 7.6% | 5.3% |
| $50,000 to $99,999 | 22.5% (±10.3 points) | 9.4% | 9.2% | 6.1% |
| $100,000 to $149,999 | 13.4% (±6.0 points) | 15.0% | 10.6% | 6.8% |
| $150,000 to $199,999 | 15.5% (±9.4 points) | 19.8% | 14.1% | 9.0% |
| $200,000 to $299,999 | 18.7% (±10.1 points) | 26.5% | 23.4% | 17.8% |
| $300,000 to $499,999 | 3.7% (±3.4 points) | 17.4% | 24.1% | 26.9% |
| $500,000 to $999,999 | 0.0% (±14.8 points) | 4.3% | 9.2% | 20.9% |
| $1,000,000 or more | 0.0% (±14.8 points) | 0.8% | 1.6% | 7.1% |
The most common range is Less than $50,000, 26.2% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Cement City against Lenawee County, its state and the nation
| Cement City | Lenawee County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $104,500 (±$33,248) | $196,800 (±$4,906) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 187 (±48) | 30,924 (±640) | 2,984,190 (±12,886) | 84,210,142 |
In Cement City, the median home value is lower than in Lenawee County ($196,800).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Lenawee County, Cement City ranks 7 of 8 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 197 of 253.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Cement City have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $73,200 (±$13,534) | $104,500 (±$33,248) | +42.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $829 (±$78) | $1,234 (±$165) | +48.9% | Up after inflation |
| Median real estate taxes | $1,364 (±$196) | $1,571 (±$365) | +15.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Cement City
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Cement City | — | $104,500 (±$33,248) | — |
| Columbia Township (Jackson County) | 3.6 mi | $276,700 (±$27,829) | Higher |
| Brooklyn | 4.8 mi | $200,000 (±$21,321) | Higher |
| Lake LeAnn | 5.4 mi | $266,600 (±$37,414) | Higher |
| Liberty Township (Jackson County) | 5.4 mi | $249,900 (±$32,054) | Higher |
| Somerset Township | 5.5 mi | $251,100 (±$23,053) | Higher |
| Addison | 5.8 mi | $137,100 (±$19,819) | Not measurably different |
| Vineyard Lake | 5.9 mi | $306,100 (±$136,427) | Higher |
| Manitou Beach-Devils Lake | 6.4 mi | $260,300 (±$40,564) | Higher |
Nearby places with a measurably higher figure: Columbia Township (Jackson County), MI ($276,700), Brooklyn, MI ($200,000), Lake LeAnn, MI ($266,600).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Lenawee County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Clinton | $186,700 (±$5,959) |
| 2 | Onsted | $170,700 (±$16,124) |
| 3 | Blissfield | $169,900 (±$20,617) |
| 4 | Deerfield | $167,600 (±$14,295) |
| 5 | Britton | $161,100 (±$10,583) |
| 6 | Addison | $137,100 (±$19,819) |
| 7 | Cement City | $104,500 (±$33,248) |
| 8 | Clayton | $86,700 (±$57,058) |
Cement City lies inside Woodstock Township, whose figures include it, so it is ranked only against places like it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cement City
What is the average home value in Cement City, MI?
The Census Bureau publishes the median: $104,500 (±$33,248) for owner-occupied homes in Cement City (2020–2024 American Community Survey).
Have home values in Cement City gone up?
In Cement City, the median home value went from $73,200 in 2015–2019 to $104,500 in 2020–2024 (+42.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Cement City sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cement City village, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cement City village, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Cement City village, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Cement City village, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cement City village, Michigan (place:14260, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Income and affordability in Cement City
- Homeowner costs in Cement City
- Property taxes in Cement City
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- Age of homes in Cement City
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- Michigan landlord and tenant rules
- Housing across Lenawee County
- Michigan places ranked by median home value
- Housing data for every place in Michigan