What is the median home value in Presque Isle Township, MI?

The median value of owner-occupied homes in Presque Isle Township, MI is $239,000 (±$21,762), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Presque Isle Township, the median home value went from $197,300 in 2015–2019 to $239,000 in 2020–2024 (+21.1%).

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
$239,000 (±$21,762)
Owner-occupied homes
917 (±89)
Most common range
$200,000 to $299,999

Home values in Presque Isle Township

Owner-occupied homes by value, 2020–2024
ValuePresque Isle TownshipPresque Isle CountyMichiganUnited States
Less than $50,0004.1% (±1.8 points)8.1%7.6%5.3%
$50,000 to $99,9996.0% (±3.6 points)20.8%9.2%6.1%
$100,000 to $149,9999.5% (±4.0 points)20.6%10.6%6.8%
$150,000 to $199,99917.4% (±4.5 points)15.2%14.1%9.0%
$200,000 to $299,99930.6% (±6.7 points)17.2%23.4%17.8%
$300,000 to $499,99921.3% (±5.8 points)13.1%24.1%26.9%
$500,000 to $999,99910.1% (±3.7 points)4.5%9.2%20.9%
$1,000,000 or more0.9% (±0.9 points)0.6%1.6%7.1%

The most common range is $200,000 to $299,999, 30.6% 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.

Presque Isle Township against Presque Isle County, its state and the nation

Estimate (90% margin of error)
Presque Isle TownshipPresque Isle CountyMichiganUnited States
Median home value$239,000 (±$21,762)$151,300 (±$6,440)$231,600 (±$642)$332,700
Owner-occupied homes917 (±89)5,905 (±278)2,984,190 (±12,886)84,210,142

In Presque Isle Township, the median home value is higher than in Presque Isle County ($151,300).

It is not measurably different from Michigan ($231,600).

It is lower than the national figure ($332,700).

In Presque Isle County, Presque Isle Township ranks 1 of 16 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 455 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Presque Isle Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$197,300 (±$25,335)$239,000 (±$21,762)+21.1%No measurable change after inflation
Median owner cost with a mortgage$1,183 (±$79)$1,483 (±$119)+25.4%No measurable change after inflation
Median real estate taxes$1,963 (±$211)$2,324 (±$397)+18.4%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 Presque Isle Township

Nearest places with a published estimate, compared with Presque Isle Township
PlaceDistanceMedian home valueCompared with this place
Presque Isle Township—$239,000 (±$21,762)—
Krakow Township8.5 mi$237,200 (±$18,798)Not measurably different
Maple Ridge Township (Alpena County)10 mi$166,000 (±$15,939)Lower
Alpena Township11 mi$183,600 (±$22,179)Lower
Alpena12 mi$118,700 (±$7,732)Lower
Posen Township13 mi$121,900 (±$28,981)Lower
Posen13 mi$79,000 (±$28,615)Lower
Long Rapids Township14 mi$134,100 (±$24,778)Lower
Pulawski Township15 mi$126,600 (±$20,394)Lower

Nearby places with a measurably lower figure: Maple Ridge Township (Alpena County), MI ($166,000), Alpena Township, MI ($183,600), Alpena, MI ($118,700).

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

RankPlaceMedian home value
1Presque Isle Township$239,000 (±$21,762)
2Krakow Township$237,200 (±$18,798)
3Bearinger Township$225,000 (±$88,985)
4Ocqueoc Township$221,000 (±$36,425)
5Moltke Township$219,400 (±$51,861)
6Rogers Township$161,000 (±$13,603)
7Metz Township$156,300 (±$13,283)

Showing 7 of 16 places in Presque Isle 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 Presque Isle Township

What is the average home value in Presque Isle Township, MI?

The Census Bureau publishes the median: $239,000 (±$21,762) for owner-occupied homes in Presque Isle Township (2020–2024 American Community Survey).

Have home values in Presque Isle Township gone up?

In Presque Isle Township, the median home value went from $197,300 in 2015–2019 to $239,000 in 2020–2024 (+21.1%).

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 Presque Isle 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

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 Presque Isle township, Presque Isle County, Michigan (county subdivision:66340, 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.

Request a Census API 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 .

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