What is the median home value in Munising Township, MI?
The median value of owner-occupied homes in Munising Township, MI is $174,700 (±$15,068), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Munising Township, the median home value went from $131,900 in 2015–2019 to $174,700 in 2020–2024 (+32.4%).
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
- $174,700 (±$15,068)
- Owner-occupied homes
- 763 (±91)
- Most common range
- $150,000 to $199,999
Home values in Munising Township
| Value | Munising Township | Alger County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 7.6% (±4.7 points) | 7.5% | 7.6% | 5.3% |
| $50,000 to $99,999 | 7.7% (±3.7 points) | 14.0% | 9.2% | 6.1% |
| $100,000 to $149,999 | 19.8% (±5.6 points) | 15.7% | 10.6% | 6.8% |
| $150,000 to $199,999 | 25.8% (±7.5 points) | 19.3% | 14.1% | 9.0% |
| $200,000 to $299,999 | 20.4% (±6.9 points) | 22.9% | 23.4% | 17.8% |
| $300,000 to $499,999 | 13.5% (±5.5 points) | 14.1% | 24.1% | 26.9% |
| $500,000 to $999,999 | 4.6% (±2.5 points) | 6.0% | 9.2% | 20.9% |
| $1,000,000 or more | 0.5% (±0.7 points) | 0.3% | 1.6% | 7.1% |
The most common range is $150,000 to $199,999, 25.8% 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.
Munising Township against Alger County, its state and the nation
| Munising Township | Alger County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $174,700 (±$15,068) | $176,200 (±$10,899) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 763 (±91) | 3,047 (±170) | 2,984,190 (±12,886) | 84,210,142 |
In Munising Township, the median home value is not measurably different from Alger County ($176,200).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Alger County, Munising Township ranks 6 of 9 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 933 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Munising Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $131,900 (±$15,362) | $174,700 (±$15,068) | +32.4% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,078 (±$127) | $1,305 (±$115) | +21.1% | No measurable change after inflation |
| Median real estate taxes | $1,451 (±$174) | $1,494 (±$210) | +3.0% | 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 Munising Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Munising Township | — | $174,700 (±$15,068) | — |
| Munising | 5.5 mi | $117,300 (±$13,562) | Lower |
| Grand Island Township | 11 mi | $237,500 (±$57,060) | Higher |
| Au Train Township | 13 mi | $246,300 (±$23,881) | Higher |
| Hiawatha Township | 14 mi | $184,500 (±$21,604) | Not measurably different |
| Chatham | 20 mi | $131,300 (±$60,975) | Not measurably different |
| Mathias Township | 21 mi | $111,500 (±$41,464) | Lower |
| Inwood Township | 22 mi | $229,100 (±$17,145) | Higher |
| Onota Township | 22 mi | $330,500 (±$45,870) | Higher |
Nearby places with a measurably lower figure: Munising, MI ($117,300), Mathias Township, MI ($111,500).
Nearby places with a measurably higher figure: Grand Island Township, MI ($237,500), Au Train Township, MI ($246,300), Inwood Township, MI ($229,100).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Alger County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Onota Township | $330,500 (±$45,870) |
| 2 | Au Train Township | $246,300 (±$23,881) |
| 3 | Grand Island Township | $237,500 (±$57,060) |
| 4 | Rock River Township | $213,800 (±$23,027) |
| 5 | Limestone Township | $204,800 (±$23,139) |
| 6 | Munising Township | $174,700 (±$15,068) |
| 7 | Burt Township (Alger County) | $165,300 (±$7,673) |
| 8 | Munising | $117,300 (±$13,562) |
| 9 | Mathias Township | $111,500 (±$41,464) |
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 Munising Township
What is the average home value in Munising Township, MI?
The Census Bureau publishes the median: $174,700 (±$15,068) for owner-occupied homes in Munising Township (2020–2024 American Community Survey).
Have home values in Munising Township gone up?
In Munising Township, the median home value went from $131,900 in 2015–2019 to $174,700 in 2020–2024 (+32.4%).
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 Munising 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 — Munising township, Alger County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Munising township, Alger County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Munising township, Alger County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Munising township, Alger 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 Munising township, Alger County, Michigan (county subdivision:56220, in state:26 county:003).
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 Munising Township at a glance
- Renters and owners in Munising Township
- Income and affordability in Munising Township
- Homeowner costs in Munising Township
- Property taxes in Munising Township
- Types of homes in Munising Township
- Bedrooms in Munising Township
- Age of homes in Munising Township
- Heating fuel in Munising Township
- Commute and cars in Munising Township
- Population growth in Munising Township
- How long people stay in Munising Township
- Michigan landlord and tenant rules
- Housing across Alger County
- Michigan places ranked by median home value
- Housing data for every place in Michigan