What is the median home value in Novesta Township, MI?
The median value of owner-occupied homes in Novesta Township, MI is $168,900 (±$42,793), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Novesta Township, the median home value went from $91,500 in 2015–2019 to $168,900 in 2020–2024 (+84.6%).
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
- $168,900 (±$42,793)
- Owner-occupied homes
- 532 (±84)
- Most common range
- $200,000 to $299,999
Home values in Novesta Township
| Value | Novesta Township | Tuscola County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 10.7% (±5.1 points) | 11.1% | 7.6% | 5.3% |
| $50,000 to $99,999 | 17.7% (±6.2 points) | 17.3% | 9.2% | 6.1% |
| $100,000 to $149,999 | 15.2% (±5.8 points) | 21.8% | 10.6% | 6.8% |
| $150,000 to $199,999 | 10.0% (±3.3 points) | 18.3% | 14.1% | 9.0% |
| $200,000 to $299,999 | 25.9% (±7.5 points) | 20.3% | 23.4% | 17.8% |
| $300,000 to $499,999 | 19.4% (±8.3 points) | 8.9% | 24.1% | 26.9% |
| $500,000 to $999,999 | 0.0% (±5.5 points) | 1.7% | 9.2% | 20.9% |
| $1,000,000 or more | 1.1% (±1.2 points) | 0.6% | 1.6% | 7.1% |
The most common range is $200,000 to $299,999, 25.9% 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.
Novesta Township against Tuscola County, its state and the nation
| Novesta Township | Tuscola County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $168,900 (±$42,793) | $149,500 (±$5,293) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 532 (±84) | 18,577 (±372) | 2,984,190 (±12,886) | 84,210,142 |
In Novesta Township, the median home value is not measurably different from Tuscola County ($149,500).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Tuscola County, Novesta Township ranks 6 of 25 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 1011 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Novesta Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $91,500 (±$10,552) | $168,900 (±$42,793) | +84.6% | Up after inflation |
| Median owner cost with a mortgage | $1,054 (±$71) | $1,493 (±$156) | +41.7% | Up after inflation |
| Median real estate taxes | $1,337 (±$97) | $1,774 (±$222) | +32.7% | 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 Novesta Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Novesta Township | — | $168,900 (±$42,793) | — |
| Cass City | 3.9 mi | $113,100 (±$10,257) | Lower |
| Ellington Township | 5.5 mi | $172,900 (±$17,063) | Not measurably different |
| Evergreen Township (Sanilac County) | 6.1 mi | $117,400 (±$24,826) | Lower |
| Elkland Township | 6.1 mi | $117,800 (±$8,350) | Lower |
| Kingston Township | 6.5 mi | $159,000 (±$22,781) | Not measurably different |
| Elmwood Township | 8.4 mi | $146,800 (±$24,034) | Not measurably different |
| Wells Township (Tuscola County) | 8.4 mi | $166,300 (±$26,065) | Not measurably different |
| Lamotte Township | 8.5 mi | $172,000 (±$38,123) | Not measurably different |
Nearby places with a measurably lower figure: Cass City, MI ($113,100), Evergreen Township (Sanilac County), MI ($117,400), Elkland Township, MI ($117,800).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Tuscola County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Tuscola Township | $197,400 (±$28,657) |
| 2 | Dayton Township (Tuscola County) | $181,800 (±$22,118) |
| 3 | Millington Township | $174,600 (±$17,789) |
| 4 | Ellington Township | $172,900 (±$17,063) |
| 5 | Koylton Township | $171,100 (±$15,163) |
| 6 | Novesta Township | $168,900 (±$42,793) |
| 7 | Gilford Township | $167,300 (±$11,301) |
| 8 (tie) | Denmark Township | $166,300 (±$12,499) |
| 8 (tie) | Indianfields Township | $166,300 (±$23,614) |
| 8 (tie) | Wells Township (Tuscola County) | $166,300 (±$26,065) |
| 11 | Watertown Township (Tuscola County) | $161,600 (±$40,536) |
| 12 | Kingston Township | $159,000 (±$22,781) |
Showing 12 of 25 places in Tuscola 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 Novesta Township
What is the average home value in Novesta Township, MI?
The Census Bureau publishes the median: $168,900 (±$42,793) for owner-occupied homes in Novesta Township (2020–2024 American Community Survey).
Have home values in Novesta Township gone up?
In Novesta Township, the median home value went from $91,500 in 2015–2019 to $168,900 in 2020–2024 (+84.6%).
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 Novesta 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 — Novesta township, Tuscola County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Novesta township, Tuscola County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Novesta township, Tuscola County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Novesta township, Tuscola 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 Novesta township, Tuscola County, Michigan (county subdivision:59420, in state:26 county:157).
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 Novesta Township at a glance
- Income and affordability in Novesta Township
- Homeowner costs in Novesta Township
- Property taxes in Novesta Township
- Types of homes in Novesta Township
- Bedrooms in Novesta Township
- Age of homes in Novesta Township
- Heating fuel in Novesta Township
- Commute and cars in Novesta Township
- Population growth in Novesta Township
- How long people stay in Novesta Township
- Michigan landlord and tenant rules
- Housing across Tuscola County
- Michigan places ranked by median home value
- Housing data for every place in Michigan