House Prices

House Prices & Home Values Spruce, MI 2026


Average Data

average house price$146,940
average size per house1133 ft²
average price per ft²130 $ / ft²

04/22/2026 - The value range (VR) for house prices in Spruce, MI is $137/ sqft to $137/ sqft. An average home with 1133 sqft costs approximately $155,221 to $155,221. Spruce, MI includes 1 ZIP codes and it is located in Alcona county. The lowest prices are found in ZIP 48762, while the highest are in ZIP 48762. The average price per sqare feet is $130. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Spruce

48762133 $ / ft²




Historical development of home values in Spruce

Year Estimated value (USD) Change vs. 2025
2010 $68,242 -53.6%
2011 $65,603 -55.4%
2012 $65,426 -55.5%
2013 $67,872 -53.8%
2014 $71,246 -51.5%
2015 $74,903 -49.0%
2016 $78,812 -46.4%
2017 $83,066 -43.5%
2018 $87,658 -40.3%
2019 $91,723 -37.6%
2020 $96,464 -34.4%
2021 $109,718 -25.3%
2022 $127,906 -13.0%
2023 $134,883 -8.2%
2024 $142,686 -2.9%
2025 $146,940 0.0%

Graph: estimated home values in Spruce over time (USD)



Example: 100% financing house in Spruce

Loan amount: $146,940

Interest rate: 6.00%

Fixed monthly payment: $880.98

Breakdown in the 1st month:
Interest portion: $734.70  –  Principal portion: $146.28

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,767.31 $1,804.44 $145,135.56
2 $8,656.02 $1,915.73 $143,219.83
3 $8,537.86 $2,033.89 $141,185.93
4 $8,412.42 $2,159.34 $139,026.59
5 $8,279.23 $2,292.52 $136,734.07
6 $8,137.83 $2,433.92 $134,300.15
7 $7,987.72 $2,584.04 $131,716.11
8 $7,828.34 $2,743.42 $128,972.70
9 $7,659.13 $2,912.62 $126,060.07
10 $7,479.49 $3,092.27 $122,967.80
11 $7,288.76 $3,282.99 $119,684.81
12 $7,086.27 $3,485.48 $116,199.33
13 $6,871.30 $3,700.46 $112,498.87
14 $6,643.06 $3,928.69 $108,570.18
15 $6,400.75 $4,171.01 $104,399.17
16 $6,143.49 $4,428.27 $99,970.91
17 $5,870.36 $4,701.39 $95,269.52
18 $5,580.39 $4,991.36 $90,278.15
19 $5,272.54 $5,299.22 $84,978.93
20 $4,945.69 $5,626.06 $79,352.87
21 $4,598.69 $5,973.07 $73,379.80
22 $4,230.28 $6,341.47 $67,038.33
23 $3,839.15 $6,732.60 $60,305.73
24 $3,423.90 $7,147.85 $53,157.88
25 $2,983.04 $7,588.72 $45,569.16
26 $2,514.98 $8,056.77 $37,512.39
27 $2,018.06 $8,553.70 $28,958.69
28 $1,490.49 $9,081.27 $19,877.42
29 $930.37 $9,641.38 $10,236.04
30 $335.71 $10,236.04 $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 Spruce, MI


1500 sqft3900 sqft
Ø selling price$235,951$501,931
Ø fast selling$214,501$451,738
Ø high price sale$257,401$552,123

In 2026, houses in Spruce, MI will be offered at an average price of $130 per square foot. A 1,500 sqft home priced at $235,951 is 22.24% more expensive per square foot than a 3,900 sqft home priced at $501,931. Home prices in Spruce, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $347,490. Sellers who can wait longer may achieve a higher price of up to $424,711.


Discover Spruce, MI

Nestled in Northeast Michigan, Spruce, MI is a quiet, rural community known for towering pines, open skies, and friendly small-town character.
Travelers and families alike choose Spruce Michigan for its relaxed pace, affordable living, and easy access to outdoor adventure.

Location and Lifestyle

Situated within Michigan's northeastern Lower Peninsula, Spruce sits a short drive from larger service hubs and scenic Great Lakes shorelines.
The community, often referenced by ZIP code 48762, enjoys four true seasons, with colorful fall foliage, snow-dusted winters, and mild summer days ideal for trails and lakes.
Visitors appreciate straightforward road access that makes weekend getaways and daily commutes simple.

Outdoor Recreation

From fishing and kayaking to hiking, ORV routes, and birding, the forests and inland waters around Spruce, MI deliver year-round recreation.
Nearby public lands, rustic campgrounds, and quiet boat launches create uncrowded experiences for nature lovers and families.

Community and Amenities

Local small businesses, farm markets, and seasonal events give Spruce Michigan authentic, hometown flavor.
Housing options range from cozy cabins and cottages to country homes with acreage, appealing to retirees, remote workers, and vacation-home buyers.

Plan Your Visit

Whether you are planning a weekend escape or considering a move, explore Spruce, MI to experience Northern Michigan?s natural beauty, value, and welcoming community.



FAQ – Home Values in Spruce

What is the median home value in Spruce in 2026?

In 2026, the typical home value in Spruce is about $146,940 for an average home size of 1133 square feet. This corresponds to an average price of roughly $130 per square foot.

What is the average cost per square foot in Spruce?

In 2026, homes in Spruce sell for an average of around $130 per square foot, with a typical range between $137 and $137 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 Spruce is about 1133 square feet, with an estimated 2026 value around $146,940.



Locations close to Spruce, MI

Tawas City, MI135 $ / ft²
Turner, MI140 $ / ft²
Twining, MI110 $ / ft²
South Branch, MI100 $ / ft²
Silverwood, MI133 $ / ft²
Sebewaing, MI73 $ / ft²
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