What is the median home value in Harbor Springs, MI?
The median value of owner-occupied homes in Harbor Springs, MI is $415,700 (±$76,120), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Harbor Springs, the median home value went from $244,800 in 2015–2019 to $415,700 in 2020–2024 (+69.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $415,700 (±$76,120)
- Owner-occupied homes
- 359 (±56)
- Most common range
- $500,000 to $999,999
Home values in Harbor Springs
| Value | Harbor Springs | Emmet County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 10.3% (±5.0 points) | 4.7% | 7.6% | 5.3% |
| $50,000 to $99,999 | 5.0% (±2.6 points) | 4.8% | 9.2% | 6.1% |
| $100,000 to $149,999 | 1.9% (±2.1 points) | 6.3% | 10.6% | 6.8% |
| $150,000 to $199,999 | 1.7% (±1.9 points) | 9.9% | 14.1% | 9.0% |
| $200,000 to $299,999 | 19.2% (±6.6 points) | 21.4% | 23.4% | 17.8% |
| $300,000 to $499,999 | 20.1% (±6.1 points) | 29.9% | 24.1% | 26.9% |
| $500,000 to $999,999 | 28.1% (±8.0 points) | 16.0% | 9.2% | 20.9% |
| $1,000,000 or more | 13.6% (±4.4 points) | 6.9% | 1.6% | 7.1% |
The most common range is $500,000 to $999,999, 28.1% 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.
Harbor Springs against Emmet County, its state and the nation
| Harbor Springs | Emmet County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $415,700 (±$76,120) | $315,700 (±$11,662) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 359 (±56) | 11,702 (±338) | 2,984,190 (±12,886) | 84,210,142 |
In Harbor Springs, the median home value is higher than in Emmet County ($315,700).
It is also higher than in Michigan ($231,600).
It is higher than the national figure ($332,700).
In Emmet County, Harbor Springs ranks 1 of 18 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 63 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Harbor Springs have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $244,800 (±$32,303) | $415,700 (±$76,120) | +69.8% | Up after inflation |
| Median owner cost with a mortgage | $1,329 (±$251) | $2,000 (±$728) | +50.5% | No measurable change after inflation |
| Median real estate taxes | $2,908 (±$471) | $4,469 (±$770) | +53.7% | 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 Harbor Springs
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Harbor Springs | — | $415,700 (±$76,120) | — |
| West Traverse Township | 2.8 mi | $399,600 (±$68,508) | Not measurably different |
| Little Traverse Township | 3.9 mi | $345,400 (±$36,865) | Not measurably different |
| Petoskey | 4.8 mi | $364,100 (±$26,616) | Not measurably different |
| Friendship Township | 6.1 mi | $354,000 (±$50,859) | Not measurably different |
| Pleasantview Township | 6.4 mi | $356,800 (±$16,940) | Not measurably different |
| Bear Creek Township | 6.9 mi | $364,500 (±$34,165) | Not measurably different |
| Resort Township | 7.2 mi | $394,500 (±$39,655) | Not measurably different |
| Bay Township | 9.6 mi | $368,000 (±$33,438) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Emmet County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Harbor Springs | $415,700 (±$76,120) |
| 2 | West Traverse Township | $399,600 (±$68,508) |
| 3 | Resort Township | $394,500 (±$39,655) |
| 4 | Bear Creek Township | $364,500 (±$34,165) |
| 5 | Petoskey | $364,100 (±$26,616) |
| 6 | Pleasantview Township | $356,800 (±$16,940) |
| 7 | Friendship Township | $354,000 (±$50,859) |
Showing 7 of 18 places in Emmet County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Harbor Springs
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Harbor Springs beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Harbor Springs, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Harbor Springs, and send estimates and invoices from your phone.
Questions about Harbor Springs
What is the average home value in Harbor Springs, MI?
The Census Bureau publishes the median: $415,700 (±$76,120) for owner-occupied homes in Harbor Springs (2020–2024 American Community Survey).
Have home values in Harbor Springs gone up?
In Harbor Springs, the median home value went from $244,800 in 2015–2019 to $415,700 in 2020–2024 (+69.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Harbor Springs 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 — Harbor Springs city, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Harbor Springs city, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Harbor Springs city, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Harbor Springs city, 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 Harbor Springs city, Michigan (place:36560, 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
- Housing in Harbor Springs at a glance
- Median rent in Harbor Springs
- Renters and owners in Harbor Springs
- Income and affordability in Harbor Springs
- Homeowner costs in Harbor Springs
- Property taxes in Harbor Springs
- Types of homes in Harbor Springs
- Bedrooms in Harbor Springs
- Age of homes in Harbor Springs
- Heating fuel in Harbor Springs
- Commute and cars in Harbor Springs
- Crime reported to police in Harbor Springs
- Population growth in Harbor Springs
- How long people stay in Harbor Springs
- Michigan landlord and tenant rules
- Housing across Emmet County
- Michigan places ranked by median home value
- Housing data for every place in Michigan