House Prices

House Prices & Home Values Empire, MI 2026


Average Data

average house price$245,354
average size per house1642 ft²
average price per ft²150 $ / ft²

06/09/2026 - The value range (VR) for house prices in Empire, MI is $54/ sqft to $58/ sqft. An average home with 1642 sqft costs approximately $88,668 to $95,236. Empire, MI includes 1 ZIP codes and it is located in Leelanau county. The lowest prices are found in ZIP 49630, while the highest are in ZIP 49630. The average price per sqare feet is $150. Our analysis is based on 32 property listings.

Avergage prices by ZIP codes Empire

4963050 $ / ft²


House prices by neighborhoods in Empire

The New Neighborhood62 $ / ft²




Historical development of home values in Empire

Year Estimated value (USD) Change vs. 2025
2010 $113,947 -53.6%
2011 $109,540 -55.4%
2012 $109,246 -55.5%
2013 $113,329 -53.8%
2014 $118,964 -51.5%
2015 $125,070 -49.0%
2016 $131,597 -46.4%
2017 $138,700 -43.5%
2018 $146,368 -40.3%
2019 $153,154 -37.6%
2020 $161,072 -34.4%
2021 $183,202 -25.3%
2022 $213,572 -13.0%
2023 $225,222 -8.2%
2024 $238,251 -2.9%
2025 $245,354 0.0%

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



Example: 100% financing house in Empire

Loan amount: $245,354

Interest rate: 6.00%

Fixed monthly payment: $1,471.02

Breakdown in the 1st month:
Interest portion: $1,226.77  –  Principal portion: $244.25

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,639.28 $3,012.98 $242,341.02
2 $14,453.44 $3,198.81 $239,142.21
3 $14,256.15 $3,396.11 $235,746.11
4 $14,046.68 $3,605.57 $232,140.54
5 $13,824.30 $3,827.95 $228,312.59
6 $13,588.20 $4,064.05 $224,248.53
7 $13,337.54 $4,314.71 $219,933.82
8 $13,071.42 $4,580.84 $215,352.98
9 $12,788.88 $4,863.37 $210,489.61
10 $12,488.92 $5,163.34 $205,326.27
11 $12,170.46 $5,481.80 $199,844.48
12 $11,832.35 $5,819.90 $194,024.57
13 $11,473.39 $6,178.86 $187,845.71
14 $11,092.29 $6,559.96 $181,285.75
15 $10,687.69 $6,964.57 $174,321.18
16 $10,258.13 $7,394.12 $166,927.06
17 $9,802.08 $7,850.18 $159,076.88
18 $9,317.89 $8,334.36 $150,742.52
19 $8,803.85 $8,848.40 $141,894.11
20 $8,258.10 $9,394.16 $132,499.96
21 $7,678.69 $9,973.57 $122,526.39
22 $7,063.54 $10,588.71 $111,937.68
23 $6,410.45 $11,241.80 $100,695.88
24 $5,717.08 $11,935.17 $88,760.70
25 $4,980.95 $12,671.31 $76,089.40
26 $4,199.41 $13,452.85 $62,636.55
27 $3,369.67 $14,282.59 $48,353.96
28 $2,488.75 $15,163.51 $33,190.45
29 $1,553.50 $16,098.76 $17,091.70
30 $560.56 $17,091.70 $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 Empire, MI


1500 sqft3900 sqft
Ø selling price$272,251$579,150
Ø fast selling$247,501$521,236
Ø high price sale$297,000$637,065

In 2026, houses in Empire, MI will be offered at an average price of $150 per square foot. A 1,500 sqft home priced at $272,251 is 21.18% more expensive per square foot than a 3,900 sqft home priced at $579,150. Home prices in Empire, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $400,951. Sellers who can wait longer may achieve a higher price of up to $490,051.

FAQ – Home Values in Empire

What is the median home value in Empire in 2026?

In 2026, the typical home value in Empire is about $245,354 for an average home size of 1642 square feet. This corresponds to an average price of roughly $150 per square foot.

What is the average cost per square foot in Empire?

In 2026, homes in Empire sell for an average of around $150 per square foot, with a typical range between $54 and $58 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 Empire is about 1642 square feet, with an estimated 2026 value around $245,354.



Locations close to Empire, MI

Evart, MI63 $ / ft²
Falmouth, MI146 $ / ft²
Fife Lake, MI321 $ / ft²
Elk Rapids, MI164 $ / ft²
Elberta, MI383 $ / ft²
Eastport, MI146 $ / ft²
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