Midland County, Michigan home prices
Typical home $245,098 · +9.1% in a year · property tax 1.47%
The typical home in Midland County is worth $245,098, 7% less than the Michigan typical home ($263,760). Values changed +9.1% in the past year and +31.6% over five years. Homeowners here pay a median 1.47% of their home's value in property tax each year ($3,606 on the typical home), versus 1.17% statewide.
Mortgage on the typical Midland County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $49,020 | $196,078 | $1,319 | $0 | $423 | $1,742 | $74,700 |
| 10% down | $24,510 | $220,588 | $1,484 | $92 | $423 | $1,999 | $85,700 |
| 5% down | $12,255 | $232,843 | $1,566 | $97 | $423 | $2,086 | $89,400 |
| 3.5% down (FHA) | $8,578 | $240,658 | $1,619 | $108 | $423 | $2,150 | $92,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.47% 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 · part of the Midland metro area.
Michigan counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lenawee County | $242,871 | +5.6% | 1.27% |
| Mackinac County | $242,475 | +7.9% | 1.07% |
| Montcalm County | $241,951 | +6.8% | 1.01% |
| Cheboygan County | $253,004 | +4.8% | 0.89% |
| Newaygo County | $253,533 | +8.7% | 1.1% |
| Oceana County | $253,550 | +6.7% | 1.01% |
| Muskegon County | $255,234 | +4.3% | 1.18% |
| Otsego County | $257,304 | +4.0% | 0.8% |
| Wexford County | $232,555 | +4.4% | 1.13% |
| Eaton County | $259,014 | +3.5% | 1.41% |
Frequently asked questions
What is the average home price in Midland County, MI?
The typical home value in Midland County is $245,098 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Midland County?
About $74,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Midland County?
The median effective rate is 1.47% of home value a year (Census ACS 2024 5-year estimates).