Clare County, Michigan home prices
Typical home $159,525 · +8.8% in a year · property tax 1.11%
The typical home in Clare County is worth $159,525, 40% less than the Michigan typical home ($263,760). Values changed +8.8% in the past year and +23.5% over five years. Homeowners here pay a median 1.11% of their home's value in property tax each year ($1,775 on the typical home), versus 1.17% statewide.
Mortgage on the typical Clare County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $31,905 | $127,620 | $859 | $0 | $228 | $1,086 | $46,600 |
| 10% down | $15,953 | $143,573 | $966 | $60 | $228 | $1,253 | $53,700 |
| 5% down | $7,976 | $151,549 | $1,019 | $63 | $228 | $1,310 | $56,200 |
| 3.5% down (FHA) | $5,583 | $156,636 | $1,054 | $71 | $228 | $1,352 | $57,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.11% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Michigan.
Michigan counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Iron County | $153,417 | +12.3% | 1.34% |
| Lake County | $165,696 | +7.0% | 1.09% |
| Arenac County | $170,538 | +8.7% | 1.13% |
| Iosco County | $172,299 | +4.4% | 0.96% |
| Oscoda County | $145,292 | +3.6% | 0.94% |
| Montmorency County | $174,570 | +2.5% | 0.86% |
| Saginaw County | $175,096 | +5.4% | 1.49% |
| Wayne County | $175,631 | +0.8% | 1.63% |
| Baraga County | $177,789 | +14.6% | 1.22% |
| Luce County | $139,950 | +8.0% | 0.98% |
Frequently asked questions
What is the average home price in Clare County, MI?
The typical home value in Clare County is $159,525 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Clare County?
About $46,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Clare County?
The median effective rate is 1.11% of home value a year (Census ACS 2024 5-year estimates).