What is the median home value in Valley Township, MI?
The median value of owner-occupied homes in Valley Township, MI is $271,800 (±$47,815), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Valley Township, the median home value went from $145,500 in 2015–2019 to $271,800 in 2020–2024 (+86.8%).
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
- $271,800 (±$47,815)
- Owner-occupied homes
- 743 (±101)
- Most common range
- $300,000 to $499,999
Home values in Valley Township
| Value | Valley Township | Allegan County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 4.3% (±4.0 points) | 7.2% | 7.6% | 5.3% |
| $50,000 to $99,999 | 6.9% (±5.3 points) | 5.2% | 9.2% | 6.1% |
| $100,000 to $149,999 | 10.6% (±5.2 points) | 8.5% | 10.6% | 6.8% |
| $150,000 to $199,999 | 15.5% (±7.1 points) | 11.3% | 14.1% | 9.0% |
| $200,000 to $299,999 | 18.0% (±6.5 points) | 25.8% | 23.4% | 17.8% |
| $300,000 to $499,999 | 34.6% (±8.4 points) | 29.8% | 24.1% | 26.9% |
| $500,000 to $999,999 | 10.1% (±5.9 points) | 9.7% | 9.2% | 20.9% |
| $1,000,000 or more | 0.0% (±4.0 points) | 2.5% | 1.6% | 7.1% |
The most common range is $300,000 to $499,999, 34.6% 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.
Valley Township against Allegan County, its state and the nation
| Valley Township | Allegan County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $271,800 (±$47,815) | $267,100 (±$6,863) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 743 (±101) | 39,772 (±704) | 2,984,190 (±12,886) | 84,210,142 |
In Valley Township, the median home value is not measurably different from Allegan County ($267,100).
It is not measurably different from Michigan ($231,600).
It is lower than the national figure ($332,700).
In Allegan County, Valley Township ranks 15 of 31 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 308 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Valley Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $145,500 (±$10,719) | $271,800 (±$47,815) | +86.8% | Up after inflation |
| Median owner cost with a mortgage | $1,197 (±$84) | $1,689 (±$137) | +41.1% | Up after inflation |
| Median real estate taxes | $1,923 (±$184) | $3,110 (±$567) | +61.7% | Up 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 Valley Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Valley Township | — | $271,800 (±$47,815) | — |
| Allegan | 4.8 mi | $176,600 (±$38,999) | Lower |
| Allegan Township | 5.0 mi | $232,700 (±$23,219) | Not measurably different |
| Cheshire Township | 5.7 mi | $188,000 (±$50,712) | Lower |
| Clyde Township (Allegan County) | 6.5 mi | $210,600 (±$31,518) | Lower |
| Heath Township | 6.7 mi | $332,400 (±$33,335) | Higher |
| Trowbridge Township | 7.7 mi | $235,900 (±$32,750) | Not measurably different |
| Monterey Township | 7.9 mi | $186,500 (±$64,005) | Lower |
| Manlius Township | 9.2 mi | $282,600 (±$20,382) | Not measurably different |
Nearby places with a measurably lower figure: Allegan, MI ($176,600), Cheshire Township, MI ($188,000), Clyde Township (Allegan County), MI ($210,600).
Nearby places with a measurably higher figure: Heath Township, MI ($332,400).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Allegan County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 9 | Fillmore Township | $314,400 (±$29,713) |
| 10 | Casco Township (Allegan County) | $310,200 (±$79,140) |
| 11 | Salem Township (Allegan County) | $307,500 (±$29,752) |
| 12 | Dorr Township | $290,100 (±$11,344) |
| 13 | Hopkins Township | $287,500 (±$23,956) |
| 14 | Manlius Township | $282,600 (±$20,382) |
| 15 | Valley Township | $271,800 (±$47,815) |
| 16 | Ganges Township | $266,200 (±$56,579) |
| 17 | Otsego Township | $265,000 (±$17,140) |
| 18 | Gun Plain Township | $264,000 (±$36,397) |
| 19 | Trowbridge Township | $235,900 (±$32,750) |
| 20 | Allegan Township | $232,700 (±$23,219) |
| 21 | Plainwell | $220,500 (±$22,121) |
Showing 13 of 31 places in Allegan 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 Valley Township
What is the average home value in Valley Township, MI?
The Census Bureau publishes the median: $271,800 (±$47,815) for owner-occupied homes in Valley Township (2020–2024 American Community Survey).
Have home values in Valley Township gone up?
In Valley Township, the median home value went from $145,500 in 2015–2019 to $271,800 in 2020–2024 (+86.8%).
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 Valley 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 — Valley township, Allegan County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Valley township, Allegan County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Valley township, Allegan County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Valley township, Allegan 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 Valley township, Allegan County, Michigan (county subdivision:81580, in state:26 county:005).
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 Valley Township at a glance
- Income and affordability in Valley Township
- Homeowner costs in Valley Township
- Property taxes in Valley Township
- Types of homes in Valley Township
- Bedrooms in Valley Township
- Age of homes in Valley Township
- Heating fuel in Valley Township
- Commute and cars in Valley Township
- Population growth in Valley Township
- How long people stay in Valley Township
- Michigan landlord and tenant rules
- Housing across Allegan County
- Michigan places ranked by median home value
- Housing data for every place in Michigan