Wexford County, Michigan home prices
Typical home $232,555 · +4.4% in a year · property tax 1.13%
The typical home in Wexford County is worth $232,555, 12% less than the Michigan typical home ($263,760). Values changed +4.4% in the past year and +28.4% over five years. Homeowners here pay a median 1.13% of their home's value in property tax each year ($2,630 on the typical home), versus 1.17% statewide.
Mortgage on the typical Wexford County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $46,511 | $186,044 | $1,252 | $0 | $335 | $1,587 | $68,000 |
| 10% down | $23,255 | $209,299 | $1,408 | $87 | $335 | $1,831 | $78,500 |
| 5% down | $11,628 | $220,927 | $1,486 | $92 | $335 | $1,914 | $82,000 |
| 3.5% down (FHA) | $8,139 | $228,343 | $1,536 | $103 | $335 | $1,974 | $84,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.13% 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 Cadillac metro area.
Michigan counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Isabella County | $229,324 | +7.9% | 1.34% |
| Mecosta County | $229,044 | +7.5% | 0.99% |
| Keweenaw County | $225,166 | +15.1% | 0.99% |
| Kalkaska County | $225,055 | +0.2% | 0.87% |
| Missaukee County | $225,043 | +7.4% | 0.98% |
| Jackson County | $224,556 | +2.6% | 1.26% |
| Ingham County | $223,411 | +2.5% | 1.83% |
| Montcalm County | $241,951 | +6.8% | 1.01% |
| Mackinac County | $242,475 | +7.9% | 1.07% |
| Lenawee County | $242,871 | +5.6% | 1.27% |
Frequently asked questions
What is the average home price in Wexford County, MI?
The typical home value in Wexford County is $232,555 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Wexford County?
About $68,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Wexford County?
The median effective rate is 1.13% of home value a year (Census ACS 2024 5-year estimates).