What is the median home value in Posen Township, MI?
The median value of owner-occupied homes in Posen Township, MI is $121,900 (±$28,981), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Posen Township, the median home value went from $89,000 in 2015–2019 to $121,900 in 2020–2024 (+37.0%).
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
- $121,900 (±$28,981)
- Owner-occupied homes
- 316 (±71)
- Most common range
- $50,000 to $99,999
Home values in Posen Township
| Value | Posen Township | Presque Isle County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 6.0% (±3.7 points) | 8.1% | 7.6% | 5.3% |
| $50,000 to $99,999 | 32.9% (±11.9 points) | 20.8% | 9.2% | 6.1% |
| $100,000 to $149,999 | 19.0% (±7.9 points) | 20.6% | 10.6% | 6.8% |
| $150,000 to $199,999 | 11.7% (±5.7 points) | 15.2% | 14.1% | 9.0% |
| $200,000 to $299,999 | 13.9% (±6.1 points) | 17.2% | 23.4% | 17.8% |
| $300,000 to $499,999 | 10.4% (±7.5 points) | 13.1% | 24.1% | 26.9% |
| $500,000 to $999,999 | 5.1% (±2.9 points) | 4.5% | 9.2% | 20.9% |
| $1,000,000 or more | 0.9% (±1.2 points) | 0.6% | 1.6% | 7.1% |
The most common range is $50,000 to $99,999, 32.9% 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.
Posen Township against Presque Isle County, its state and the nation
| Posen Township | Presque Isle County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $121,900 (±$28,981) | $151,300 (±$6,440) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 316 (±71) | 5,905 (±278) | 2,984,190 (±12,886) | 84,210,142 |
In Posen Township, the median home value is not measurably different from Presque Isle County ($151,300).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Presque Isle County, Posen Township ranks 14 of 16 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 1374 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Posen Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $89,000 (±$10,375) | $121,900 (±$28,981) | +37.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $846 (±$101) | $893 (±$277) | +5.6% | No measurable change after inflation |
| Median real estate taxes | $1,146 (±$79) | $1,189 (±$158) | +3.8% | 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 Posen Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Posen Township | — | $121,900 (±$28,981) | — |
| Krakow Township | 5.4 mi | $237,200 (±$18,798) | Higher |
| Long Rapids Township | 6.7 mi | $134,100 (±$24,778) | Not measurably different |
| Metz Township | 6.8 mi | $156,300 (±$13,283) | Higher |
| Pulawski Township | 7.7 mi | $126,600 (±$20,394) | Not measurably different |
| Belknap Township | 8.5 mi | $154,500 (±$27,805) | Not measurably different |
| Wellington Township | 9.6 mi | $122,500 (±$47,854) | Not measurably different |
| Maple Ridge Township (Alpena County) | 11 mi | $166,000 (±$15,939) | Higher |
| Bismarck Township | 12 mi | $126,600 (±$27,366) | Not measurably different |
Nearby places with a measurably higher figure: Krakow Township, MI ($237,200), Metz Township, MI ($156,300), Maple Ridge Township (Alpena County), MI ($166,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Presque Isle County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 8 | Belknap Township | $154,500 (±$27,805) |
| 9 | North Allis Township | $150,800 (±$39,079) |
| 10 | Case Township | $149,300 (±$37,108) |
| 11 | Allis Township | $139,600 (±$25,233) |
| 12 (tie) | Bismarck Township | $126,600 (±$27,366) |
| 12 (tie) | Pulawski Township | $126,600 (±$20,394) |
| 14 | Posen Township | $121,900 (±$28,981) |
| 15 | Rogers City | $110,200 (±$14,511) |
| 16 | Onaway | $69,800 (±$9,539) |
Showing 9 of 16 places in Presque Isle County, ranked from highest to lowest.
The figures for Posen Township include the places inside it that have pages of their own: Posen.
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 Posen Township
What is the average home value in Posen Township, MI?
The Census Bureau publishes the median: $121,900 (±$28,981) for owner-occupied homes in Posen Township (2020–2024 American Community Survey).
Have home values in Posen Township gone up?
In Posen Township, the median home value went from $89,000 in 2015–2019 to $121,900 in 2020–2024 (+37.0%).
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 Posen 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 — Posen township, Presque Isle County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Posen township, Presque Isle County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Posen township, Presque Isle County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Posen township, Presque Isle 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 Posen township, Presque Isle County, Michigan (county subdivision:66020, in state:26 county:141).
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 Posen Township at a glance
- Income and affordability in Posen Township
- Homeowner costs in Posen Township
- Property taxes in Posen Township
- Types of homes in Posen Township
- Bedrooms in Posen Township
- Age of homes in Posen Township
- Heating fuel in Posen Township
- Commute and cars in Posen Township
- How long people stay in Posen Township
- Michigan landlord and tenant rules
- Housing across Presque Isle County
- Michigan places ranked by median home value
- Housing data for every place in Michigan