House Prices

House Prices & Home Values Bannister, MI 2026


Average Data

average house price$223,780
average size per house2406 ft²
average price per ft²94 $ / ft²

04/21/2026 - The value range (VR) for house prices in Bannister, MI is $93/ sqft to $93/ sqft. An average home with 2406 sqft costs approximately $223,758 to $223,758. Bannister, MI includes 1 ZIP codes and it is located in Gratiot county. The lowest prices are found in ZIP 48807, while the highest are in ZIP 48807. The average price per sqare feet is $94. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Bannister

4880795 $ / ft²




Historical development of home values in Bannister

Year Estimated value (USD) Change vs. 2025
2010 $103,927 -53.6%
2011 $99,909 -55.4%
2012 $99,640 -55.5%
2013 $103,364 -53.8%
2014 $108,504 -51.5%
2015 $114,072 -49.0%
2016 $120,025 -46.4%
2017 $126,504 -43.5%
2018 $133,498 -40.3%
2019 $139,688 -37.6%
2020 $146,909 -34.4%
2021 $167,093 -25.3%
2022 $194,793 -13.0%
2023 $205,418 -8.2%
2024 $217,302 -2.9%
2025 $223,780 0.0%

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



Example: 100% financing house in Bannister

Loan amount: $223,780

Interest rate: 6.00%

Fixed monthly payment: $1,341.67

Breakdown in the 1st month:
Interest portion: $1,118.90  –  Principal portion: $222.77

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,352.05 $2,748.04 $221,031.96
2 $13,182.55 $2,917.54 $218,114.42
3 $13,002.60 $3,097.49 $215,016.93
4 $12,811.56 $3,288.53 $211,728.40
5 $12,608.73 $3,491.36 $208,237.04
6 $12,393.39 $3,706.70 $204,530.34
7 $12,164.77 $3,935.32 $200,595.02
8 $11,922.05 $4,178.04 $196,416.97
9 $11,664.35 $4,435.74 $191,981.24
10 $11,390.77 $4,709.32 $187,271.92
11 $11,100.31 $4,999.78 $182,272.13
12 $10,791.93 $5,308.16 $176,963.97
13 $10,464.54 $5,635.55 $171,328.42
14 $10,116.95 $5,983.14 $165,345.27
15 $9,747.92 $6,352.17 $158,993.10
16 $9,356.13 $6,743.96 $152,249.15
17 $8,940.18 $7,159.91 $145,089.23
18 $8,498.57 $7,601.52 $137,487.72
19 $8,029.73 $8,070.36 $129,417.35
20 $7,531.96 $8,568.13 $120,849.23
21 $7,003.50 $9,096.59 $111,752.64
22 $6,442.44 $9,657.65 $102,094.99
23 $5,846.78 $10,253.31 $91,841.68
24 $5,214.38 $10,885.71 $80,955.97
25 $4,542.97 $11,557.12 $69,398.85
26 $3,830.15 $12,269.94 $57,128.91
27 $3,073.37 $13,026.72 $44,102.19
28 $2,269.91 $13,830.18 $30,272.01
29 $1,416.90 $14,683.19 $15,588.82
30 $511.27 $15,588.82 $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 Bannister, MI


1500 sqft3900 sqft
Ø selling price$170,610$362,935
Ø fast selling$155,100$326,641
Ø high price sale$186,121$399,228

In 2026, houses in Bannister, MI will be offered at an average price of $94 per square foot. A 1,500 sqft home priced at $170,610 is 23.41% more expensive per square foot than a 3,900 sqft home priced at $362,935. Home prices in Bannister, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $251,263. Sellers who can wait longer may achieve a higher price of up to $307,098.

FAQ – Home Values in Bannister

What is the median home value in Bannister in 2026?

In 2026, the typical home value in Bannister is about $223,780 for an average home size of 2406 square feet. This corresponds to an average price of roughly $94 per square foot.

What is the average cost per square foot in Bannister?

In 2026, homes in Bannister sell for an average of around $94 per square foot, with a typical range between $93 and $93 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 Bannister is about 2406 square feet, with an estimated 2026 value around $223,780.



Locations close to Bannister, MI

Bath, MI130 $ / ft²
Belding, MI142 $ / ft²
Carson City, MI102 $ / ft²
Ashley, MI128 $ / ft²
Alma, MI119 $ / ft²
Whittemore, MI66 $ / ft²
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