![state:ja0qptphmee= michigan market update](https://statebudgetcrisis.org/wp-content/uploads/2024/07/state-of-michigan-real-estate.jpg)
State:ja0qptphmee= Michigan Real Estate Market
The state:ja0qptphmee= Michigan real estate market remains robust in 2024, with home prices continuing to rise. As of May, the average home value in Michigan was $247,697, up 5.9% over the past year. However, the market faces challenges like low inventory and high mortgage rates. Grand Rapids stands out as a particularly hot market, with forecasts predicting significant growth in both sales and prices throughout the year.