What is the median home value in Larkin Charter Township, MI?
The median value of owner-occupied homes in Larkin Charter Township, MI is $382,500 (±$55,941), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Larkin Charter Township, the median home value went from $232,000 in 2015–2019 to $382,500 in 2020–2024 (+64.9%).
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
- $382,500 (±$55,941)
- Owner-occupied homes
- 1,907 (±160)
- Most common range
- $300,000 to $499,999
Home values in Larkin Charter Township
| Value | Larkin Charter Township | Midland County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 1.3% (±1.2 points) | 6.6% | 7.6% | 5.3% |
| $50,000 to $99,999 | 2.7% (±2.7 points) | 9.5% | 9.2% | 6.1% |
| $100,000 to $149,999 | 7.4% (±4.4 points) | 16.3% | 10.6% | 6.8% |
| $150,000 to $199,999 | 13.9% (±6.9 points) | 19.1% | 14.1% | 9.0% |
| $200,000 to $299,999 | 11.7% (±5.1 points) | 24.4% | 23.4% | 17.8% |
| $300,000 to $499,999 | 34.3% (±8.9 points) | 18.9% | 24.1% | 26.9% |
| $500,000 to $999,999 | 23.1% (±7.4 points) | 4.8% | 9.2% | 20.9% |
| $1,000,000 or more | 5.6% (±5.4 points) | 0.5% | 1.6% | 7.1% |
The most common range is $300,000 to $499,999, 34.3% 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.
Larkin Charter Township against Midland County, its state and the nation
| Larkin Charter Township | Midland County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $382,500 (±$55,941) | $195,400 (±$5,906) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 1,907 (±160) | 27,322 (±607) | 2,984,190 (±12,886) | 84,210,142 |
In Larkin Charter Township, the median home value is higher than in Midland County ($195,400).
It is also higher than in Michigan ($231,600).
It is not measurably different from the national figure ($332,700).
In Midland County, Larkin Charter Township ranks 1 of 18 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 96 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Larkin Charter Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $232,000 (±$25,445) | $382,500 (±$55,941) | +64.9% | Up after inflation |
| Median owner cost with a mortgage | $1,797 (±$159) | $2,233 (±$249) | +24.3% | No measurable change after inflation |
| Median real estate taxes | $3,815 (±$431) | $4,249 (±$901) | +11.4% | 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 Larkin Charter Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Larkin Charter Township | — | $382,500 (±$55,941) | — |
| Beaver Township (Bay County) | 5.2 mi | $193,800 (±$20,548) | Lower |
| Mills Township (Midland County) | 5.4 mi | $179,500 (±$31,776) | Lower |
| Lincoln Township (Midland County) | 5.7 mi | $193,900 (±$21,480) | Lower |
| Midland | 5.7 mi | $203,900 (±$7,830) | Lower |
| Garfield Township (Bay County) | 7.5 mi | $167,700 (±$12,548) | Lower |
| Williams Charter Township | 7.6 mi | $178,300 (±$22,697) | Lower |
| Midland Charter Township | 8.1 mi | $185,300 (±$26,525) | Lower |
| Hope Township (Midland County) | 8.1 mi | $218,200 (±$19,705) | Lower |
Nearby places with a measurably lower figure: Beaver Township (Bay County), MI ($193,800), Mills Township (Midland County), MI ($179,500), Lincoln Township (Midland County), MI ($193,900).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Midland County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Larkin Charter Township | $382,500 (±$55,941) |
| 2 | Hope Township (Midland County) | $218,200 (±$19,705) |
| 3 | Midland | $203,900 (±$7,830) |
| 4 | Edenville Township | $195,900 (±$40,066) |
| 5 | Lincoln Township (Midland County) | $193,900 (±$21,480) |
| 6 | Jerome Township | $192,000 (±$14,709) |
| 7 | Homer Township (Midland County) | $190,600 (±$19,833) |
Showing 7 of 18 places in Midland 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.
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Questions about Larkin Charter Township
What is the average home value in Larkin Charter Township, MI?
The Census Bureau publishes the median: $382,500 (±$55,941) for owner-occupied homes in Larkin Charter Township (2020–2024 American Community Survey).
Have home values in Larkin Charter Township gone up?
In Larkin Charter Township, the median home value went from $232,000 in 2015–2019 to $382,500 in 2020–2024 (+64.9%).
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 Larkin Charter Township 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 — Larkin charter township, Midland County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Larkin charter township, Midland County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Larkin charter township, Midland County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Larkin charter township, Midland County, 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 Larkin charter township, Midland County, Michigan (county subdivision:46160, in state:26 county:111).
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 Larkin Charter Township at a glance
- Income and affordability in Larkin Charter Township
- Homeowner costs in Larkin Charter Township
- Property taxes in Larkin Charter Township
- Types of homes in Larkin Charter Township
- Age of homes in Larkin Charter Township
- Heating fuel in Larkin Charter Township
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- Population growth in Larkin Charter Township
- How long people stay in Larkin Charter Township
- Michigan landlord and tenant rules
- Housing across Midland County
- Michigan places ranked by median home value
- Housing data for every place in Michigan