Muskegon, MI home prices
Typical home $255,238 · +4.3% in a year · income needed $75,100
The Muskegon, MI metro area ranks 436 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.3% in a year and +28.3% over five years. With 20% down at 7.11%, the typical home costs about $1,753 a month including 1.18% property tax (Muskegon County rate).
Mortgage on the typical Muskegon home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $51,048 | $204,191 | $1,374 | $0 | $379 | $1,753 | $75,100 |
| 10% down | $25,524 | $229,715 | $1,545 | $96 | $379 | $2,020 | $86,600 |
| 5% down | $12,762 | $242,477 | $1,631 | $101 | $379 | $2,112 | $90,500 |
| 3.5% down (FHA) | $8,933 | $250,615 | $1,686 | $113 | $379 | $2,178 | $93,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.18% 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.
Counties in the Muskegon area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Muskegon County, MI | $255,234 | +4.3% | 1.18% |
What can you afford in Michigan on your salary? · Michigan home prices · Salaries in Michigan
Frequently asked questions
How much is a house in Muskegon?
The typical home in the Muskegon, MI metro area is worth $255,238 (Zillow, September 2026).
What salary do you need to buy a house in Muskegon?
About $75,100 a year for the typical home with 20% down at 7.11%.