House Prices

House Prices & Home Values Buchanan, MI 2026


Average Data

average house price$169,400
average size per house1752 ft²
average price per ft²97 $ / ft²

06/10/2026 - The value range (VR) for house prices in Buchanan, MI is $97/ sqft to $97/ sqft. An average home with 1752 sqft costs approximately $169,944 to $169,944. Buchanan, MI includes 1 ZIP codes and it is located in Berrien county. The lowest prices are found in ZIP 49107, while the highest are in ZIP 49107. The average price per sqare feet is $97. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Buchanan

49107100 $ / ft²




Historical development of home values in Buchanan

Year Estimated value (USD) Change vs. 2025
2010 $78,672 -53.6%
2011 $75,630 -55.4%
2012 $75,427 -55.5%
2013 $78,246 -53.8%
2014 $82,136 -51.5%
2015 $86,352 -49.0%
2016 $90,858 -46.4%
2017 $95,762 -43.5%
2018 $101,057 -40.3%
2019 $105,743 -37.6%
2020 $111,209 -34.4%
2021 $126,488 -25.3%
2022 $147,457 -13.0%
2023 $155,500 -8.2%
2024 $164,496 -2.9%
2025 $169,400 0.0%

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



Example: 100% financing house in Buchanan

Loan amount: $169,400

Interest rate: 6.00%

Fixed monthly payment: $1,015.64

Breakdown in the 1st month:
Interest portion: $847.00  â€“  Principal portion: $168.64

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,107.41 $2,080.25 $167,319.75
2 $9,979.11 $2,208.56 $165,111.19
3 $9,842.89 $2,344.78 $162,766.41
4 $9,698.27 $2,489.40 $160,277.02
5 $9,544.73 $2,642.94 $157,634.08
6 $9,381.72 $2,805.95 $154,828.13
7 $9,208.65 $2,979.01 $151,849.12
8 $9,024.91 $3,162.75 $148,686.37
9 $8,829.84 $3,357.82 $145,328.54
10 $8,622.74 $3,564.93 $141,763.62
11 $8,402.86 $3,784.80 $137,978.81
12 $8,169.42 $4,018.24 $133,960.57
13 $7,921.58 $4,266.08 $129,694.49
14 $7,658.46 $4,529.20 $125,165.29
15 $7,379.11 $4,808.55 $120,356.74
16 $7,082.53 $5,105.13 $115,251.61
17 $6,767.66 $5,420.01 $109,831.60
18 $6,433.36 $5,754.30 $104,077.30
19 $6,078.45 $6,109.21 $97,968.09
20 $5,701.65 $6,486.02 $91,482.08
21 $5,301.60 $6,886.06 $84,596.02
22 $4,876.89 $7,310.78 $77,285.24
23 $4,425.97 $7,761.69 $69,523.55
24 $3,947.25 $8,240.41 $61,283.14
25 $3,439.00 $8,748.66 $52,534.48
26 $2,899.40 $9,288.26 $43,246.21
27 $2,326.52 $9,861.14 $33,385.07
28 $1,718.31 $10,469.35 $22,915.72
29 $1,072.58 $11,115.08 $11,800.64
30 $387.03 $11,800.64 $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 Buchanan, MI


1500 sqft3900 sqft
Ø selling price$176,055$374,518
Ø fast selling$160,050$337,066
Ø high price sale$192,061$411,969

In 2026, houses in Buchanan, MI will be offered at an average price of $97 per square foot. A 1,500 sqft home priced at $176,055 is 23.53% more expensive per square foot than a 3,900 sqft home priced at $374,518. Home prices in Buchanan, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $259,282. Sellers who can wait longer may achieve a higher price of up to $316,899.


Buchanan, MI: Small-Town Charm in Southwest Michigan

Overview

Buchanan, Michigan is a historic small city in Berrien County known for tree-lined streets, preserved architecture, and a welcoming downtown.

Centered around the beautiful McCoy Creek Greenway, Buchanan, MI offers scenic parks, trails, and water views, with St. Joseph River access nearby.

Downtown & Attractions

Among the top things to do in Buchanan MI are exploring the revitalized downtown with locally owned restaurants, cafés, art galleries, and the popular Buchanan Farmers? Market.

A standout attraction is nearby RedBud MX, which draws national motocross events and boosts Buchanan tourism every summer.

History & Culture

History buffs can tour 19th-century Pears Mill and learn how this water-powered landmark shaped early industry in Buchanan.

The community supports strong schools, civic engagement, and annual festivals that highlight music, heritage, and homegrown flavors.

Outdoor Recreation

Outdoor lovers appreciate easy access to Southwest Michigan wineries, Lake Michigan beaches, kayak launches, and four-season recreation.

City parks and walking paths along McCoy Creek invite picnics, birding, and relaxed afternoons by the water.

Living & Location

Housing in Buchanan ranges from classic Craftsman homes to updated farmhouses and new builds, offering attractive values for first-time buyers and relocators.

The location places residents within a short drive of Niles, St. Joseph, New Buffalo, and South Bend, with quick links via US-12 and US-31.



FAQ – Home Values in Buchanan

What is the median home value in Buchanan in 2026?

In 2026, the typical home value in Buchanan is about $169,400 for an average home size of 1752 square feet. This corresponds to an average price of roughly $97 per square foot.

What is the average cost per square foot in Buchanan?

In 2026, homes in Buchanan sell for an average of around $97 per square foot, with a typical range between $97 and $97 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 Buchanan is about 1752 square feet, with an estimated 2026 value around $169,400.



Locations close to Buchanan, MI

Eau Claire, MI105 $ / ft²
Edwardsburg, MI147 $ / ft²
Galien, MI194 $ / ft²
Bridgman, MI169 $ / ft²
Berrien Springs, MI168 $ / ft²
Berrien Center, MI107 $ / ft²




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