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
| Value | South Arm Township | Charlevoix County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 3.2% (±2.2 points) | 6.0% | 7.6% | 5.3% |
| $50,000 to $99,999 | 3.8% (±2.3 points) | 5.8% | 9.2% | 6.1% |
| $100,000 to $149,999 | 9.1% (±4.4 points) | 7.3% | 10.6% | 6.8% |
| $150,000 to $199,999 | 19.7% (±5.7 points) | 13.6% | 14.1% | 9.0% |
| $200,000 to $299,999 | 24.4% (±6.1 points) | 21.6% | 23.4% | 17.8% |
| $300,000 to $499,999 | 27.6% (±5.8 points) | 26.4% | 24.1% | 26.9% |
| $500,000 to $999,999 | 7.2% (±3.0 points) | 13.2% | 9.2% | 20.9% |
| $1,000,000 or more | 5.1% (±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
| South Arm Township | Charlevoix County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $262,400 (±$21,492) | $276,800 (±$11,188) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 692 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| 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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| South Arm Township | — | $262,400 (±$21,492) | — |
| East Jordan | 1.9 mi | $148,000 (±$21,055) | Lower |
| Ellsworth | 3.8 mi | $160,200 (±$19,584) | Lower |
| Echo Township | 5.5 mi | $235,600 (±$35,508) | Not measurably different |
| Eveline Township | 5.8 mi | $459,100 (±$78,991) | Higher |
| Wilson Township (Charlevoix County) | 6.7 mi | $299,500 (±$31,648) | Not measurably different |
| Banks Township | 6.8 mi | $248,800 (±$31,251) | Not measurably different |
| Marion Township (Charlevoix County) | 7.8 mi | $271,600 (±$58,557) | Not measurably different |
| Central Lake | 8.0 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
| Rank | Place | Median home value |
|---|---|---|
| 6 | St. James Township | $327,400 (±$64,141) |
| 7 | Norwood Township | $320,800 (±$41,459) |
| 8 | Charlevoix Township | $307,000 (±$25,954) |
| 9 | Wilson Township (Charlevoix County) | $299,500 (±$31,648) |
| 10 | Marion Township (Charlevoix County) | $271,600 (±$58,557) |
| 11 | Melrose Township | $262,600 (±$22,835) |
| 12 | South Arm Township | $262,400 (±$21,492) |
| 13 | Chandler Township (Charlevoix County) | $261,500 (±$37,128) |
| 14 | Boyne City | $249,000 (±$31,484) |
| 15 | Hayes Township (Charlevoix County) | $247,000 (±$36,004) |
| 16 | Hudson Township (Charlevoix County) | $222,200 (±$64,184) |
| 17 | Boyne Valley Township | $203,300 (±$25,263) |
| 18 | East 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Arm township, Charlevoix County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — South Arm township, Charlevoix County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — South Arm township, Charlevoix County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — South Arm township, Charlevoix 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 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.
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
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- Homeowner costs in South Arm Township
- Property taxes in South Arm Township
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- Population growth in South Arm Township
- How long people stay in South Arm Township
- Michigan landlord and tenant rules
- Housing across Charlevoix County
- Michigan places ranked by median home value
- Housing data for every place in Michigan