Muskegon County, Michigan Housing Market Prices
Muskegon County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 5% above the Michigan median$145,731
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Median rent 9% below the Michigan median More expensive than 79% of counties in Michigan$1,028
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Muskegon County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $145,731 | $138,713 | $248,835 |
| Price Trend (Annual %) | 8.7% | 8.6% | 7.5% |
| Median Gross Rent | $1,028 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 5.1% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Muskegon County is about 5% higher than in Michigan. Rent is about 9% lower than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Muskegon County, up about 8.7% and 5.1% a year respectively. Home prices are changing faster.
Median rent in Muskegon County rose about 52.9% between 2015 and 2024, from $672 to $1,028. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Muskegon County.
Buying the median-priced home in Muskegon County costs roughly 11.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Muskegon County. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Muskegon County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $145,731 | $138,713 | $248,835 |
| Median Household Income | $65,879 | $72,977 | $80,455 |
| Price-to-Income Ratio | 2.2 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Muskegon County rose about 102.1%, while median household income rose about 52.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Muskegon County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.2% | 64.6% | 58.5% |
| Rental Rate | 19.7% | 23.6% | 31.2% |
| Vacancy Rate | 10.0% | 11.8% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Muskegon County has a homeownership rate of 70.2%, higher than the Michigan average of 64.6%. Its housing vacancy rate is 10.0%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Muskegon County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1969 | 1972 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Muskegon County was built around 1969. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Muskegon County, MI Housing Compared With Nearby Counties
Muskegon County, MI is the 2nd largest of the 5 counties compared here, 175,961 residents against a local median of 86,124. Where Muskegon County, MI breaks from the counties next to it is median home price, sitting 32% below the local median of $214,844 at $145,731.
The counties themselves spread $92,544 on median home price, so Muskegon County, MI sits at one end of an already wide local range rather than apart from it. Muskegon County, MI has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Muskegon County, MI | 175,961 | $145,731 #5/5 | $1,028 #3/5 | 78.1% #5/5 |
| Ottawa County, MI | 301,203 | $259,210 | $1,210 | 79.3% |
| Mason County, MI | 29,204 | $254,688 | $895 | 78.3% |
| Allegan County, MI | 121,456 | $166,666 | $1,100 | 87.4% |
| Newaygo County, MI | 50,792 | $175,000 | $904 | 86.5% |
Frequently Asked Questions
Common questions about the housing market in Muskegon County, Michigan.
What is the median home price in Muskegon County, Michigan?
The median home price in Muskegon County, Michigan is $145,731, higher than the Michigan average of $138,713.
What is the average home price in Muskegon County, Michigan?
The typical home price in Muskegon County, Michigan, reported as the median sale price, is $145,731. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Muskegon County, Michigan?
The median gross rent in Muskegon County, Michigan is $1,028 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Muskegon County in 2020?
In 2020, the median gross rent in Muskegon County, Michigan was $779 per month.
What is the price-to-rent ratio in Muskegon County, Michigan?
The price-to-rent ratio in Muskegon County, Michigan is about 11.8, meaning it would take roughly 11.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Muskegon County.
Are home prices or rent rising faster in Muskegon County, Michigan?
Both home prices and rent are rising in Muskegon County, up about 8.7% and 5.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Muskegon County, Michigan?
70.2% of households in Muskegon County, Michigan own their home, higher than the Michigan average of 64.6%.
What is the vacancy rate in Muskegon County, Michigan?
The housing vacancy rate in Muskegon County, Michigan is 10.0%, lower than the Michigan average of 11.8%.
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