Oceana County, Michigan home prices
Typical home $253,550 · +6.7% in a year · property tax 1.01%
The typical home in Oceana County is worth $253,550, 4% less than the Michigan typical home ($263,760). Values changed +6.7% in the past year and +17.0% over five years. Homeowners here pay a median 1.01% of their home's value in property tax each year ($2,553 on the typical home), versus 1.17% statewide.
Mortgage on the typical Oceana County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $50,710 | $202,840 | $1,365 | $0 | $340 | $1,704 | $73,000 |
| 10% down | $25,355 | $228,195 | $1,535 | $95 | $340 | $1,970 | $84,400 |
| 5% down | $12,677 | $240,872 | $1,620 | $100 | $340 | $2,060 | $88,300 |
| 3.5% down (FHA) | $8,874 | $248,957 | $1,675 | $112 | $340 | $2,126 | $91,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.01% 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 |
|---|---|---|---|
| Newaygo County | $253,533 | +8.7% | 1.1% |
| Cheboygan County | $253,004 | +4.8% | 0.89% |
| Muskegon County | $255,234 | +4.3% | 1.18% |
| Otsego County | $257,304 | +4.0% | 0.8% |
| Eaton County | $259,014 | +3.5% | 1.41% |
| Saint Clair County | $259,356 | +4.2% | 1.14% |
| Manistee County | $260,685 | +10.0% | 1.04% |
| Midland County | $245,098 | +9.1% | 1.47% |
| Marquette County | $262,677 | +8.8% | 0.97% |
| Lenawee County | $242,871 | +5.6% | 1.27% |
Frequently asked questions
What is the average home price in Oceana County, MI?
The typical home value in Oceana County is $253,550 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Oceana County?
About $73,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Oceana County?
The median effective rate is 1.01% of home value a year (Census ACS 2024 5-year estimates).