House Prices

House Prices & Home Values Luzerne, MI 2026


Average Data

average house price$212,572
average size per house1315 ft²
average price per ft²162 $ / ft²

06/10/2026 - The value range (VR) for house prices in Luzerne, MI is $192/ sqft to $192/ sqft. An average home with 1315 sqft costs approximately $252,480 to $252,480. Luzerne, MI includes 1 ZIP codes and it is located in Oscoda county. The lowest prices are found in ZIP 48636, while the highest are in ZIP 48636. The average price per sqare feet is $162. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Luzerne

48636179 $ / ft²




Historical development of home values in Luzerne

Year Estimated value (USD) Change vs. 2025
2010 $98,722 -53.6%
2011 $94,905 -55.4%
2012 $94,649 -55.5%
2013 $98,187 -53.8%
2014 $103,069 -51.5%
2015 $108,359 -49.0%
2016 $114,014 -46.4%
2017 $120,168 -43.5%
2018 $126,811 -40.3%
2019 $132,691 -37.6%
2020 $139,551 -34.4%
2021 $158,724 -25.3%
2022 $185,037 -13.0%
2023 $195,130 -8.2%
2024 $206,418 -2.9%
2025 $212,572 0.0%

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



Example: 100% financing house in Luzerne

Loan amount: $212,572

Interest rate: 6.00%

Fixed monthly payment: $1,274.48

Breakdown in the 1st month:
Interest portion: $1,062.86  –  Principal portion: $211.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,683.31 $2,610.41 $209,961.59
2 $12,522.31 $2,771.41 $207,190.18
3 $12,351.37 $2,942.35 $204,247.83
4 $12,169.89 $3,123.83 $201,124.00
5 $11,977.22 $3,316.50 $197,807.51
6 $11,772.67 $3,521.05 $194,286.46
7 $11,555.50 $3,738.22 $190,548.24
8 $11,324.93 $3,968.79 $186,579.45
9 $11,080.15 $4,213.57 $182,365.88
10 $10,820.26 $4,473.46 $177,892.42
11 $10,544.35 $4,749.37 $173,143.05
12 $10,251.42 $5,042.30 $168,100.75
13 $9,940.42 $5,353.30 $162,747.45
14 $9,610.24 $5,683.48 $157,063.97
15 $9,259.70 $6,034.02 $151,029.95
16 $8,887.53 $6,406.19 $144,623.76
17 $8,492.41 $6,801.31 $137,822.45
18 $8,072.92 $7,220.80 $130,601.66
19 $7,627.56 $7,666.16 $122,935.50
20 $7,154.73 $8,138.99 $114,796.50
21 $6,652.73 $8,640.99 $106,155.52
22 $6,119.77 $9,173.94 $96,981.57
23 $5,553.94 $9,739.77 $87,241.80
24 $4,953.22 $10,340.50 $76,901.30
25 $4,315.44 $10,978.28 $65,923.01
26 $3,638.32 $11,655.40 $54,267.62
27 $2,919.44 $12,374.28 $41,893.34
28 $2,156.22 $13,137.50 $28,755.84
29 $1,345.93 $13,947.79 $14,808.06
30 $485.66 $14,808.06 $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 Luzerne, MI


1500 sqft3900 sqft
Ø selling price$294,030$625,482
Ø fast selling$267,300$562,934
Ø high price sale$320,760$688,031

In 2026, houses in Luzerne, MI will be offered at an average price of $162 per square foot. A 1,500 sqft home priced at $294,030 is 21.41% more expensive per square foot than a 3,900 sqft home priced at $625,482. Home prices in Luzerne, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $433,027. Sellers who can wait longer may achieve a higher price of up to $529,255.

FAQ – Home Values in Luzerne

What is the median home value in Luzerne in 2026?

In 2026, the typical home value in Luzerne is about $212,572 for an average home size of 1315 square feet. This corresponds to an average price of roughly $162 per square foot.

What is the average cost per square foot in Luzerne?

In 2026, homes in Luzerne sell for an average of around $162 per square foot, with a typical range between $192 and $192 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 Luzerne is about 1315 square feet, with an estimated 2026 value around $212,572.



Locations close to Luzerne, MI

Merrill, MI79 $ / ft²
Saginaw, MI90 $ / ft²
Midland, MI118 $ / ft²
Lupton, MI138 $ / ft²
Linwood, MI136 $ / ft²
Lake George, MI92 $ / ft²
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