What is the median home value in Luna Pier, MI?
The median value of owner-occupied homes in Luna Pier, MI is $188,800 (±$29,818), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Luna Pier, the median home value went from $136,000 in 2015–2019 to $188,800 in 2020–2024 (+38.8%).
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
- $188,800 (±$29,818)
- Owner-occupied homes
- 538 (±99)
- Most common range
- $150,000 to $199,999
Home values in Luna Pier
| Value | Luna Pier | Monroe County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.9% (±1.3 points) | 8.0% | 7.6% | 5.3% |
| $50,000 to $99,999 | 5.4% (±5.3 points) | 5.2% | 9.2% | 6.1% |
| $100,000 to $149,999 | 18.2% (±9.7 points) | 9.0% | 10.6% | 6.8% |
| $150,000 to $199,999 | 28.8% (±9.5 points) | 19.5% | 14.1% | 9.0% |
| $200,000 to $299,999 | 21.6% (±8.0 points) | 25.0% | 23.4% | 17.8% |
| $300,000 to $499,999 | 21.6% (±7.7 points) | 27.6% | 24.1% | 26.9% |
| $500,000 to $999,999 | 3.2% (±2.2 points) | 5.3% | 9.2% | 20.9% |
| $1,000,000 or more | 0.4% (±0.6 points) | 0.4% | 1.6% | 7.1% |
The most common range is $150,000 to $199,999, 28.8% 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.
Luna Pier against Monroe County, its state and the nation
| Luna Pier | Monroe County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $188,800 (±$29,818) | $228,900 (±$4,750) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 538 (±99) | 51,502 (±807) | 2,984,190 (±12,886) | 84,210,142 |
In Luna Pier, the median home value is lower than in Monroe County ($228,900).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Monroe County, Luna Pier ranks 16 of 18 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 805 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Luna Pier have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $136,000 (±$19,064) | $188,800 (±$29,818) | +38.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,111 (±$165) | $1,344 (±$155) | +21.0% | No measurable change after inflation |
| Median real estate taxes | $1,867 (±$197) | $2,038 (±$399) | +9.2% | 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 Luna Pier
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Luna Pier | — | $188,800 (±$29,818) | — |
| Erie Township | 2.8 mi | $197,100 (±$27,023) | Not measurably different |
| La Salle Township | 4.2 mi | $233,200 (±$22,786) | Higher |
| Monroe Charter Township | 6.3 mi | $187,200 (±$10,562) | Not measurably different |
| South Monroe | 6.3 mi | $184,000 (±$13,943) | Not measurably different |
| Temperance | 7.1 mi | $250,100 (±$20,984) | Higher |
| Harbor View | 7.6 mi | $105,000 (±$30,810) | Lower |
| West Monroe | 7.7 mi | $109,200 (±$26,919) | Lower |
| Washington Township (Lucas County) | 8.0 mi | $145,100 (±$20,194) | Lower |
Nearby places with a measurably lower figure: Harbor View, OH ($105,000), West Monroe, MI ($109,200), Washington Township (Lucas County), OH ($145,100).
Nearby places with a measurably higher figure: La Salle Township, MI ($233,200), Temperance, MI ($250,100).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Monroe County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 10 | Raisinville Township | $240,400 (±$25,406) |
| 11 | London Township | $235,200 (±$15,530) |
| 12 | La Salle Township | $233,200 (±$22,786) |
| 13 | Petersburg | $215,500 (±$18,540) |
| 14 | Frenchtown Township | $208,000 (±$17,228) |
| 15 | Erie Township | $197,100 (±$27,023) |
| 16 | Luna Pier | $188,800 (±$29,818) |
| 17 | Monroe Charter Township | $187,200 (±$10,562) |
| 18 | Monroe | $167,900 (±$3,752) |
Showing 9 of 18 places in Monroe 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 Luna Pier
What is the average home value in Luna Pier, MI?
The Census Bureau publishes the median: $188,800 (±$29,818) for owner-occupied homes in Luna Pier (2020–2024 American Community Survey).
Have home values in Luna Pier gone up?
In Luna Pier, the median home value went from $136,000 in 2015–2019 to $188,800 in 2020–2024 (+38.8%).
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 Luna Pier 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 — Luna Pier city, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Luna Pier city, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Luna Pier city, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Luna Pier 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 Luna Pier city, Michigan (place:49700, 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 Luna Pier
- Homeowner costs in Luna Pier
- Property taxes in Luna Pier
- Types of homes in Luna Pier
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- Age of homes in Luna Pier
- Heating fuel in Luna Pier
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- Population growth in Luna Pier
- How long people stay in Luna Pier
- Michigan landlord and tenant rules
- Housing across Monroe County
- Michigan places ranked by median home value
- Housing data for every place in Michigan