House Prices

House Prices & Home Values Mayfield, MI 2026


Average Data

average house price$194,499
average size per house1594 ft²
average price per ft²123 $ / ft²

04/15/2026 - The value range (VR) for house prices in Mayfield, MI is $98/ sqft to $98/ sqft. An average home with 1594 sqft costs approximately $156,212 to $156,212. Mayfield, MI includes 1 ZIP codes and it is located in Grand Traverse county. The lowest prices are found in ZIP 49666, while the highest are in ZIP 49666. The average price per sqare feet is $123. Our analysis is based on 63 property listings.

Avergage prices by ZIP codes Mayfield

49666101 $ / ft²




Historical development of home values in Mayfield

Year Estimated value (USD) Change vs. 2025
2010 $90,329 -53.6%
2011 $86,836 -55.4%
2012 $86,602 -55.5%
2013 $89,839 -53.8%
2014 $94,306 -51.5%
2015 $99,146 -49.0%
2016 $104,320 -46.4%
2017 $109,951 -43.5%
2018 $116,030 -40.3%
2019 $121,410 -37.6%
2020 $127,686 -34.4%
2021 $145,229 -25.3%
2022 $169,305 -13.0%
2023 $178,540 -8.2%
2024 $188,868 -2.9%
2025 $194,499 0.0%

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



Example: 100% financing house in Mayfield

Loan amount: $194,499

Interest rate: 6.00%

Fixed monthly payment: $1,166.12

Breakdown in the 1st month:
Interest portion: $972.50  –  Principal portion: $193.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,604.97 $2,388.47 $192,110.53
2 $11,457.65 $2,535.79 $189,574.74
3 $11,301.25 $2,692.19 $186,882.56
4 $11,135.20 $2,858.24 $184,024.32
5 $10,958.91 $3,034.53 $180,989.79
6 $10,771.75 $3,221.69 $177,768.10
7 $10,573.04 $3,420.40 $174,347.71
8 $10,362.08 $3,631.36 $170,716.35
9 $10,138.11 $3,855.33 $166,861.02
10 $9,900.32 $4,093.12 $162,767.90
11 $9,647.86 $4,345.58 $158,422.32
12 $9,379.84 $4,613.60 $153,808.72
13 $9,095.28 $4,898.16 $148,910.56
14 $8,793.17 $5,200.27 $143,710.30
15 $8,472.43 $5,521.01 $138,189.29
16 $8,131.91 $5,861.53 $132,327.76
17 $7,770.38 $6,223.06 $126,104.71
18 $7,386.56 $6,606.88 $119,497.82
19 $6,979.06 $7,014.38 $112,483.45
20 $6,546.43 $7,447.01 $105,036.44
21 $6,087.11 $7,906.33 $97,130.11
22 $5,599.47 $8,393.97 $88,736.14
23 $5,081.74 $8,911.69 $79,824.45
24 $4,532.09 $9,461.35 $70,363.10
25 $3,948.54 $10,044.90 $60,318.20
26 $3,328.99 $10,664.45 $49,653.75
27 $2,671.23 $11,322.21 $38,331.54
28 $1,972.90 $12,020.54 $26,311.00
29 $1,231.50 $12,761.94 $13,549.07
30 $444.37 $13,549.07 $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 Mayfield, MI


1500 sqft3900 sqft
Ø selling price$223,246$474,904
Ø fast selling$202,951$427,413
Ø high price sale$243,541$522,394

In 2026, houses in Mayfield, MI will be offered at an average price of $123 per square foot. A 1,500 sqft home priced at $223,246 is 23.64% more expensive per square foot than a 3,900 sqft home priced at $474,904. Home prices in Mayfield, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $328,779. Sellers who can wait longer may achieve a higher price of up to $401,842.


Discover Mayfield, MI

Mayfield, MI is a quiet northern Michigan community known for its rural charm and easy access to larger regional amenities.
Tucked within the Grand Traverse area, it offers a peaceful base just a short drive from the shops, beaches, and events of Traverse City. Visitors and residents appreciate the blend of small-town friendliness and convenient connections to major routes across the region.

Nature and Outdoor Recreation

The surrounding landscape features rolling hardwood forests, clear inland lakes, and winding rivers that invite fishing, kayaking, and birdwatching. Four distinct seasons bring colorful autumn foliage, snowy winters for cross-country skiing and snowshoeing, and warm summer days ideal for hiking and cycling.

Local Life and Amenities

In and around Mayfield, MI, you?ll find family-owned farms, roadside markets, and casual eateries that showcase fresh Great Lakes flavors. Community events, craft fairs, and nearby vineyards add a welcoming, hometown feel that appeals to weekend travelers and year-round residents alike. Housing options range from wooded acreage and country homes to newer builds within commuting distance of regional employers and schools.

Planning Your Visit

Whether you?re mapping a scenic drive or planning a long-term move, Mayfield serves as a convenient hub for exploring the Grand Traverse and Leelanau peninsulas. For the latest updates on attractions, trail conditions, and local dining, check regional visitor bureaus and township websites before you go.



FAQ – Home Values in Mayfield

What is the median home value in Mayfield in 2026?

In 2026, the typical home value in Mayfield is about $194,499 for an average home size of 1594 square feet. This corresponds to an average price of roughly $123 per square foot.

What is the average cost per square foot in Mayfield?

In 2026, homes in Mayfield sell for an average of around $123 per square foot, with a typical range between $98 and $98 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 Mayfield is about 1594 square feet, with an estimated 2026 value around $194,499.



Locations close to Mayfield, MI

Merritt, MI131 $ / ft²
Mesick, MI113 $ / ft²
Northport, MI290 $ / ft²
Marion, MI84 $ / ft²
Maple City, MI199 $ / ft²
Manton, MI103 $ / ft²
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