House Prices

House Prices & Home Values Black River, MI 2026


Average Data

average house price$189,475
average size per house1638 ft²
average price per ft²116 $ / ft²

06/09/2026 - The value range (VR) for house prices in Black River, MI is $128/ sqft to $128/ sqft. An average home with 1638 sqft costs approximately $209,664 to $209,664. Black River, MI includes 1 ZIP codes and it is located in Alcona county. The lowest prices are found in ZIP 48721, while the highest are in ZIP 48721. The average price per sqare feet is $116. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Black River

48721126 $ / ft²




Historical development of home values in Black River

Year Estimated value (USD) Change vs. 2025
2010 $87,996 -53.6%
2011 $84,593 -55.4%
2012 $84,365 -55.5%
2013 $87,518 -53.8%
2014 $91,870 -51.5%
2015 $96,585 -49.0%
2016 $101,626 -46.4%
2017 $107,111 -43.5%
2018 $113,033 -40.3%
2019 $118,274 -37.6%
2020 $124,388 -34.4%
2021 $141,478 -25.3%
2022 $164,931 -13.0%
2023 $173,928 -8.2%
2024 $183,990 -2.9%
2025 $189,475 0.0%

Graph: estimated home values in Black River over time (USD)



Example: 100% financing house in Black River

Loan amount: $189,475

Interest rate: 6.00%

Fixed monthly payment: $1,136.00

Breakdown in the 1st month:
Interest portion: $947.38  –  Principal portion: $188.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,305.21 $2,326.78 $187,148.22
2 $11,161.69 $2,470.29 $184,677.94
3 $11,009.33 $2,622.65 $182,055.29
4 $10,847.57 $2,784.41 $179,270.89
5 $10,675.84 $2,956.14 $176,314.74
6 $10,493.51 $3,138.47 $173,176.27
7 $10,299.94 $3,332.05 $169,844.23
8 $10,094.42 $3,537.56 $166,306.67
9 $9,876.23 $3,755.75 $162,550.92
10 $9,644.59 $3,987.39 $158,563.53
11 $9,398.65 $4,233.33 $154,330.20
12 $9,137.55 $4,494.43 $149,835.77
13 $8,860.34 $4,771.64 $145,064.13
14 $8,566.04 $5,065.94 $139,998.19
15 $8,253.58 $5,378.40 $134,619.80
16 $7,921.86 $5,710.12 $128,909.67
17 $7,569.67 $6,062.31 $122,847.36
18 $7,195.76 $6,436.22 $116,411.14
19 $6,798.79 $6,833.19 $109,577.95
20 $6,377.33 $7,254.65 $102,323.30
21 $5,929.88 $7,702.10 $94,621.19
22 $5,454.83 $8,177.15 $86,444.04
23 $4,950.48 $8,681.50 $77,762.54
24 $4,415.03 $9,216.96 $68,545.59
25 $3,846.54 $9,785.44 $58,760.15
26 $3,243.00 $10,388.98 $48,371.17
27 $2,602.23 $11,029.75 $37,341.42
28 $1,921.94 $11,710.04 $25,631.38
29 $1,199.69 $12,432.29 $13,199.09
30 $432.89 $13,199.09 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Black River, MI


1500 sqft3900 sqft
Ø selling price$210,541$447,877
Ø fast selling$191,401$403,089
Ø high price sale$229,681$492,664

In 2026, houses in Black River, MI will be offered at an average price of $116 per square foot. A 1,500 sqft home priced at $210,541 is 22.56% more expensive per square foot than a 3,900 sqft home priced at $447,877. Home prices in Black River, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $310,068. Sellers who can wait longer may achieve a higher price of up to $378,973.

FAQ – Home Values in Black River

What is the median home value in Black River in 2026?

In 2026, the typical home value in Black River is about $189,475 for an average home size of 1638 square feet. This corresponds to an average price of roughly $116 per square foot.

What is the average cost per square foot in Black River?

In 2026, homes in Black River sell for an average of around $116 per square foot, with a typical range between $128 and $128 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Black River is about 1638 square feet, with an estimated 2026 value around $189,475.



Locations close to Black River, MI

Bridgeport, MI73 $ / ft²
Caro, MI78 $ / ft²
Carrollton, MI83 $ / ft²
Bay Port, MI82 $ / ft²
University Center, MI97 $ / ft²
Bay City, MI77 $ / ft²
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