What is the median home value in South Arm Township, MI?

The median value of owner-occupied homes in South Arm Township, MI is $262,400 (±$21,492), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In South Arm Township, the median home value went from $155,200 in 2015–2019 to $262,400 in 2020–2024 (+69.1%).

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
$262,400 (±$21,492)
Owner-occupied homes
692 (±106)
Most common range
$300,000 to $499,999

Home values in South Arm Township

Owner-occupied homes by value, 2020–2024
ValueSouth Arm TownshipCharlevoix CountyMichiganUnited States
Less than $50,0003.2% (±2.2 points)6.0%7.6%5.3%
$50,000 to $99,9993.8% (±2.3 points)5.8%9.2%6.1%
$100,000 to $149,9999.1% (±4.4 points)7.3%10.6%6.8%
$150,000 to $199,99919.7% (±5.7 points)13.6%14.1%9.0%
$200,000 to $299,99924.4% (±6.1 points)21.6%23.4%17.8%
$300,000 to $499,99927.6% (±5.8 points)26.4%24.1%26.9%
$500,000 to $999,9997.2% (±3.0 points)13.2%9.2%20.9%
$1,000,000 or more5.1% (±2.8 points)6.0%1.6%7.1%

The most common range is $300,000 to $499,999, 27.6% 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.

South Arm Township against Charlevoix County, its state and the nation

Estimate (90% margin of error)
South Arm TownshipCharlevoix CountyMichiganUnited States
Median home value$262,400 (±$21,492)$276,800 (±$11,188)$231,600 (±$642)$332,700
Owner-occupied homes692 (±106)10,242 (±303)2,984,190 (±12,886)84,210,142

In South Arm Township, the median home value is not measurably different from Charlevoix County ($276,800).

It is also higher than in Michigan ($231,600).

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

In Charlevoix County, South Arm Township ranks 12 of 18 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 340 of 1,518.

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

How home values in South Arm 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$155,200 (±$10,222)$262,400 (±$21,492)+69.1%Up after inflation
Median owner cost with a mortgage$1,100 (±$52)$1,495 (±$179)+35.9%No measurable change after inflation
Median real estate taxes$1,524 (±$140)$1,931 (±$189)+26.7%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 South Arm Township

Nearest places with a published estimate, compared with South Arm Township
PlaceDistanceMedian home valueCompared with this place
South Arm Township—$262,400 (±$21,492)—
East Jordan1.9 mi$148,000 (±$21,055)Lower
Ellsworth3.8 mi$160,200 (±$19,584)Lower
Echo Township5.5 mi$235,600 (±$35,508)Not measurably different
Eveline Township5.8 mi$459,100 (±$78,991)Higher
Wilson Township (Charlevoix County)6.7 mi$299,500 (±$31,648)Not measurably different
Banks Township6.8 mi$248,800 (±$31,251)Not measurably different
Marion Township (Charlevoix County)7.8 mi$271,600 (±$58,557)Not measurably different
Central Lake8.0 mi$167,100 (±$16,759)Lower

Nearby places with a measurably lower figure: East Jordan, MI ($148,000), Ellsworth, MI ($160,200), Central Lake, MI ($167,100).

Nearby places with a measurably higher figure: Eveline Township, MI ($459,100).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Charlevoix County, place by place

RankPlaceMedian home value
6St. James Township$327,400 (±$64,141)
7Norwood Township$320,800 (±$41,459)
8Charlevoix Township$307,000 (±$25,954)
9Wilson Township (Charlevoix County)$299,500 (±$31,648)
10Marion Township (Charlevoix County)$271,600 (±$58,557)
11Melrose Township$262,600 (±$22,835)
12South Arm Township$262,400 (±$21,492)
13Chandler Township (Charlevoix County)$261,500 (±$37,128)
14Boyne City$249,000 (±$31,484)
15Hayes Township (Charlevoix County)$247,000 (±$36,004)
16Hudson Township (Charlevoix County)$222,200 (±$64,184)
17Boyne Valley Township$203,300 (±$25,263)
18East Jordan$148,000 (±$21,055)

Showing 13 of 18 places in Charlevoix 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 South Arm Township

What is the average home value in South Arm Township, MI?

The Census Bureau publishes the median: $262,400 (±$21,492) for owner-occupied homes in South Arm Township (2020–2024 American Community Survey).

Have home values in South Arm Township gone up?

In South Arm Township, the median home value went from $155,200 in 2015–2019 to $262,400 in 2020–2024 (+69.1%).

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 South Arm 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 South Arm township, Charlevoix County, Michigan (county subdivision:74680, in state:26 county:029).

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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