What is the median home value in Pentland Township, MI?
The median value of owner-occupied homes in Pentland Township, MI is $133,500 (±$30,645), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Pentland Township, the median home value went from $104,400 in 2015–2019 to $133,500 in 2020–2024 (+27.9%).
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
- $133,500 (±$30,645)
- Owner-occupied homes
- 543 (±63)
- Most common range
- $50,000 to $99,999
Home values in Pentland Township
| Value | Pentland Township | Luce County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 7.4% (±5.1 points) | 15.3% | 7.6% | 5.3% |
| $50,000 to $99,999 | 29.5% (±8.4 points) | 29.5% | 9.2% | 6.1% |
| $100,000 to $149,999 | 17.3% (±6.2 points) | 18.9% | 10.6% | 6.8% |
| $150,000 to $199,999 | 19.3% (±7.9 points) | 11.3% | 14.1% | 9.0% |
| $200,000 to $299,999 | 17.5% (±6.6 points) | 11.1% | 23.4% | 17.8% |
| $300,000 to $499,999 | 4.1% (±3.1 points) | 9.0% | 24.1% | 26.9% |
| $500,000 to $999,999 | 5.0% (±4.9 points) | 3.7% | 9.2% | 20.9% |
| $1,000,000 or more | 0.0% (±5.4 points) | 1.1% | 1.6% | 7.1% |
The most common range is $50,000 to $99,999, 29.5% 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.
Pentland Township against Luce County, its state and the nation
| Pentland Township | Luce County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $133,500 (±$30,645) | $112,000 (±$11,957) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 543 (±63) | 2,027 (±155) | 2,984,190 (±12,886) | 84,210,142 |
In Pentland Township, the median home value is not measurably different from Luce County ($112,000).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Luce County, Pentland Township ranks 2 of 4 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 1304 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Pentland Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $104,400 (±$13,360) | $133,500 (±$30,645) | +27.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $930 (±$59) | $988 (±$132) | +6.2% | Down after inflation |
| Median real estate taxes | $1,120 (±$97) | $1,156 (±$116) | +3.2% | Down 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 Pentland Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Pentland Township | — | $133,500 (±$30,645) | — |
| Newberry | 5.9 mi | $68,500 (±$6,475) | Lower |
| Garfield Township (Mackinac County) | 8.5 mi | $176,000 (±$18,392) | Higher |
| Hudson Township (Mackinac County) | 10 mi | $98,000 (±$44,467) | Not measurably different |
| Hulbert Township | 12 mi | $111,600 (±$24,972) | Not measurably different |
| Lakefield Township (Luce County) | 15 mi | $172,700 (±$62,246) | Not measurably different |
| McMillan Township (Luce County) | 16 mi | $76,100 (±$7,753) | Lower |
| Columbus Township (Luce County) | 17 mi | $130,200 (±$40,855) | Not measurably different |
| Portage Township | 18 mi | $213,800 (±$47,937) | Higher |
Nearby places with a measurably lower figure: Newberry, MI ($68,500), McMillan Township (Luce County), MI ($76,100).
Nearby places with a measurably higher figure: Garfield Township (Mackinac County), MI ($176,000), Portage Township, MI ($213,800).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Luce County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Lakefield Township (Luce County) | $172,700 (±$62,246) |
| 2 | Pentland Township | $133,500 (±$30,645) |
| 3 | Columbus Township (Luce County) | $130,200 (±$40,855) |
| 4 | McMillan Township (Luce County) | $76,100 (±$7,753) |
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 Pentland Township
What is the average home value in Pentland Township, MI?
The Census Bureau publishes the median: $133,500 (±$30,645) for owner-occupied homes in Pentland Township (2020–2024 American Community Survey).
Have home values in Pentland Township gone up?
In Pentland Township, the median home value went from $104,400 in 2015–2019 to $133,500 in 2020–2024 (+27.9%).
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 Pentland 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 — Pentland township, Luce County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Pentland township, Luce County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Pentland township, Luce County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Pentland township, Luce 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 Pentland township, Luce County, Michigan (county subdivision:63500, in state:26 county:095).
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 Pentland Township at a glance
- Renters and owners in Pentland Township
- Income and affordability in Pentland Township
- Homeowner costs in Pentland Township
- Property taxes in Pentland Township
- Types of homes in Pentland Township
- Bedrooms in Pentland Township
- Age of homes in Pentland Township
- Heating fuel in Pentland Township
- Commute and cars in Pentland Township
- Population growth in Pentland Township
- How long people stay in Pentland Township
- Michigan landlord and tenant rules
- Housing across Luce County
- Michigan places ranked by median home value
- Housing data for every place in Michigan