Manistee County, Michigan home prices
Typical home $260,685 · +10.0% in a year · property tax 1.04%
The typical home in Manistee County is worth $260,685, about the same as the Michigan typical home ($263,760). Values changed +10.0% in the past year and +24.2% over five years. Homeowners here pay a median 1.04% of their home's value in property tax each year ($2,716 on the typical home), versus 1.17% statewide.
Mortgage on the typical Manistee County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $52,137 | $208,548 | $1,403 | $0 | $357 | $1,760 | $75,400 |
| 10% down | $26,068 | $234,616 | $1,578 | $98 | $357 | $2,033 | $87,100 |
| 5% down | $13,034 | $247,651 | $1,666 | $103 | $357 | $2,126 | $91,100 |
| 3.5% down (FHA) | $9,124 | $255,963 | $1,722 | $115 | $357 | $2,194 | $94,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.04% 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 |
|---|---|---|---|
| Saint Clair County | $259,356 | +4.2% | 1.14% |
| Eaton County | $259,014 | +3.5% | 1.41% |
| Marquette County | $262,677 | +8.8% | 0.97% |
| Otsego County | $257,304 | +4.0% | 0.8% |
| Ionia County | $264,748 | +6.3% | 1.13% |
| Muskegon County | $255,234 | +4.3% | 1.18% |
| Cass County | $266,388 | +5.0% | 0.97% |
| Mason County | $267,052 | +8.1% | 1.06% |
| Macomb County | $267,474 | +1.2% | 1.4% |
| Oceana County | $253,550 | +6.7% | 1.01% |
Frequently asked questions
What is the average home price in Manistee County, MI?
The typical home value in Manistee County is $260,685 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Manistee County?
About $75,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Manistee County?
The median effective rate is 1.04% of home value a year (Census ACS 2024 5-year estimates).