What is the median home value in Trout Lake Township, MI?

Name: Home values in Trout Lake Township, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Trout Lake Township, MI is $129,500 (±$39,687), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Trout Lake Township, the median home value went from $170,300 in 2015–2019 to $129,500 in 2020–2024 (−24.0%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Figures last updated on November 12, 2026.

Median home value: $129,500 (±$39,687)
Owner-occupied homes: 114 (±34)
Most common range: $100,000 to $149,999

Home values in Trout Lake Township

Owner-occupied homes by value, 2020–2024
Value	Trout Lake Township	Chippewa County	Michigan	United States
Less than $50,000	3.5% (±5.2 points)	9.9%	7.6%	5.3%
$50,000 to $99,999	12.3% (±11.0 points)	16.2%	9.2%	6.1%
$100,000 to $149,999	42.1% (±15.3 points)	18.1%	10.6%	6.8%
$150,000 to $199,999	2.6% (±4.0 points)	19.4%	14.1%	9.0%
$200,000 to $299,999	24.6% (±14.5 points)	19.0%	23.4%	17.8%
$300,000 to $499,999	14.9% (±9.4 points)	13.8%	24.1%	26.9%
$500,000 to $999,999	0.0% (±22.9 points)	3.4%	9.2%	20.9%
$1,000,000 or more	0.0% (±22.9 points)	0.3%	1.6%	7.1%

The most common range is $100,000 to $149,999, 42.1% 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.

Trout Lake Township against Chippewa County, its state and the nation

Estimate (90% margin of error)
	Trout Lake Township	Chippewa County	Michigan	United States
Median home value	$129,500 (±$39,687)	$161,900 (±$4,697)	$231,600 (±$642)	$332,700
Owner-occupied homes	114 (±34)	10,564 (±346)	2,984,190 (±12,886)	84,210,142

In Trout Lake Township, the median home value is not measurably different from Chippewa County ($161,900).

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

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

In Chippewa County, Trout Lake Township ranks 13 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1334 of 1,518.

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

How home values in Trout Lake Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$170,300 (±$34,390)	$129,500 (±$39,687)	−24.0%	Down after inflation
Median owner cost with a mortgage	$1,266 (±$173)	$830 (±$132)	−34.4%	Down after inflation
Median real estate taxes	$1,528 (±$522)	$1,689 (±$201)	+10.5%	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 Trout Lake Township

Nearest places with a published estimate, compared with Trout Lake Township
Place	Distance	Median home value	Compared with this place
Trout Lake Township	—	$129,500 (±$39,687)	—
Chippewa Township (Chippewa County)	10 mi	$107,000 (±$26,309)	Not measurably different
Moran Township	11 mi	$230,300 (±$51,114)	Higher
Brevort Township	12 mi	$137,500 (±$19,695)	Not measurably different
Hulbert Township	14 mi	$111,600 (±$24,972)	Not measurably different
Kinross Charter Township	15 mi	$127,300 (±$41,271)	Not measurably different
Rudyard Township	16 mi	$144,700 (±$21,164)	Not measurably different
Hudson Township (Mackinac County)	17 mi	$98,000 (±$44,467)	Not measurably different
St. Ignace Township	17 mi	$179,400 (±$49,677)	Not measurably different

Nearby places with a measurably higher figure: Moran Township, MI ($230,300).

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

Median home value across Chippewa County, place by place

Rank	Place	Median home value
7	Pickford Township	$167,400 (±$34,756)
8	Bay Mills Township	$166,000 (±$28,920)
9	Dafter Township	$161,900 (±$12,421)
10	Superior Township	$160,400 (±$17,412)
11	Rudyard Township	$144,700 (±$21,164)
12	Sault Ste. Marie	$139,400 (±$11,424)
13	Trout Lake Township	$129,500 (±$39,687)
14	Kinross Charter Township	$127,300 (±$41,271)
15	Raber Township	$113,200 (±$52,867)
16	Hulbert Township	$111,600 (±$24,972)
17	Chippewa Township (Chippewa County)	$107,000 (±$26,309)

Showing 11 of 17 places in Chippewa 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 Trout Lake Township

What is the average home value in Trout Lake Township, MI?

The Census Bureau publishes the median: $129,500 (±$39,687) for owner-occupied homes in Trout Lake Township (2020–2024 American Community Survey).

Have home values in Trout Lake Township gone up?

In Trout Lake Township, the median home value went from $170,300 in 2015–2019 to $129,500 in 2020–2024 (−24.0%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Is this what homes in Trout Lake 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 Trout Lake township, Chippewa County, Michigan (county subdivision:80600, in state:26 county:033).

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.