Emmet County, Michigan home prices
Typical home $437,678 · +8.5% in a year · property tax 0.83%
The typical home in Emmet County is worth $437,678, 66% more than the Michigan typical home ($263,760). Values changed +8.5% in the past year and +22.6% over five years. Homeowners here pay a median 0.83% of their home's value in property tax each year ($3,652 on the typical home), versus 1.17% statewide.
Mortgage on the typical Emmet County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $87,536 | $350,142 | $2,355 | $0 | $523 | $2,879 | $123,400 |
| 10% down | $43,768 | $393,910 | $2,650 | $164 | $523 | $3,337 | $143,000 |
| 5% down | $21,884 | $415,794 | $2,797 | $173 | $523 | $3,493 | $149,700 |
| 3.5% down (FHA) | $15,319 | $429,750 | $2,891 | $194 | $523 | $3,608 | $154,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.83% 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 |
|---|---|---|---|
| Grand Traverse County | $417,443 | +2.6% | 0.89% |
| Charlevoix County | $413,637 | +3.5% | 0.9% |
| Washtenaw County | $411,983 | +2.4% | 1.52% |
| Benzie County | $406,697 | +6.8% | 0.79% |
| Livingston County | $402,827 | +2.8% | 0.97% |
| Ottawa County | $397,062 | +4.8% | 1.02% |
| Oakland County | $365,826 | +2.3% | 1.27% |
| Kent County | $353,407 | +4.5% | 1.11% |
| Antrim County | $348,970 | +4.7% | 0.84% |
| Allegan County | $346,459 | +4.1% | 1.08% |
Frequently asked questions
What is the average home price in Emmet County, MI?
The typical home value in Emmet County is $437,678 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Emmet County?
About $123,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Emmet County?
The median effective rate is 0.83% of home value a year (Census ACS 2024 5-year estimates).