House Prices

House Prices & Home Values Michigan City, MS 2026


Average Data

average house price$218,280
average size per house2007 ft²
average price per ft²109 $ / ft²

04/18/2026 - The value range (VR) for house prices in Michigan City, MS is $137/ sqft to $137/ sqft. An average home with 2007 sqft costs approximately $274,959 to $274,959. Michigan City, MS includes 1 ZIP codes and it is located in Benton county. The lowest prices are found in ZIP 38647, while the highest are in ZIP 38647. The average price per sqare feet is $109. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Michigan City

38647129 $ / ft²




Historical development of home values in Michigan City

Year Estimated value (USD) Change vs. 2025
2010 $101,373 -53.6%
2011 $97,453 -55.4%
2012 $97,191 -55.5%
2013 $100,823 -53.8%
2014 $105,837 -51.5%
2015 $111,269 -49.0%
2016 $117,075 -46.4%
2017 $123,395 -43.5%
2018 $130,216 -40.3%
2019 $136,254 -37.6%
2020 $143,298 -34.4%
2021 $162,986 -25.3%
2022 $190,005 -13.0%
2023 $200,369 -8.2%
2024 $211,961 -2.9%
2025 $218,280 0.0%

Graph: estimated home values in Michigan City over time (USD)



Example: 100% financing house in Michigan City

Loan amount: $218,280

Interest rate: 6.00%

Fixed monthly payment: $1,308.70

Breakdown in the 1st month:
Interest portion: $1,091.40  –  Principal portion: $217.30

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,023.88 $2,680.50 $215,599.50
2 $12,858.56 $2,845.83 $212,753.66
3 $12,683.03 $3,021.36 $209,732.31
4 $12,496.68 $3,207.71 $206,524.60
5 $12,298.84 $3,405.55 $203,119.05
6 $12,088.79 $3,615.60 $199,503.45
7 $11,865.79 $3,838.60 $195,664.85
8 $11,629.03 $4,075.36 $191,589.49
9 $11,377.67 $4,326.72 $187,262.78
10 $11,110.81 $4,593.58 $182,669.20
11 $10,827.49 $4,876.90 $177,792.30
12 $10,526.69 $5,177.70 $172,614.60
13 $10,207.34 $5,497.05 $167,117.56
14 $9,868.30 $5,836.09 $161,281.47
15 $9,508.34 $6,196.05 $155,085.42
16 $9,126.18 $6,578.21 $148,507.21
17 $8,720.45 $6,983.94 $141,523.27
18 $8,289.70 $7,414.69 $134,108.58
19 $7,832.37 $7,872.01 $126,236.57
20 $7,346.85 $8,357.54 $117,879.03
21 $6,831.37 $8,873.02 $109,006.01
22 $6,284.10 $9,420.28 $99,585.73
23 $5,703.08 $10,001.31 $89,584.42
24 $5,086.22 $10,618.17 $78,966.25
25 $4,431.32 $11,273.07 $67,693.18
26 $3,736.02 $11,968.37 $55,724.81
27 $2,997.83 $12,706.55 $43,018.26
28 $2,214.12 $13,490.26 $29,528.00
29 $1,382.07 $14,322.31 $15,205.68
30 $498.70 $15,205.68 $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 Michigan City, MS


1500 sqft3900 sqft
Ø selling price$197,836$420,850
Ø fast selling$179,850$378,765
Ø high price sale$215,821$462,934

In 2026, houses in Michigan City, MS will be offered at an average price of $109 per square foot. A 1,500 sqft home priced at $197,836 is 21.60% more expensive per square foot than a 3,900 sqft home priced at $420,850. Home prices in Michigan City, MS vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $291,357. Sellers who can wait longer may achieve a higher price of up to $356,103.

FAQ – Home Values in Michigan City

What is the median home value in Michigan City in 2026?

In 2026, the typical home value in Michigan City is about $218,280 for an average home size of 2007 square feet. This corresponds to an average price of roughly $109 per square foot.

What is the average cost per square foot in Michigan City?

In 2026, homes in Michigan City sell for an average of around $109 per square foot, with a typical range between $137 and $137 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 Michigan City is about 2007 square feet, with an estimated 2026 value around $218,280.



Locations close to Michigan City, MS

Myrtle, MS81 $ / ft²
Nesbit, MS143 $ / ft²
New Albany, MS94 $ / ft²
Marks, MS68 $ / ft²
Lyon, MS33 $ / ft²
Lula, MS131 $ / ft²
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