Real Estate Price Maphome prices by county

Arenac County, MI home prices

Arenac County, MI: the typical home is worth $161,959 as of 2026-05, up +6.4% over the past year and n/a since 2000. Listings run about $165/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Arenac County is cooling and undervalued — very affordable for what people here earn.

Momentum+6.4%Cooling
Valuation-24%Undervalued
Affordability10/10Very affordable
Market48 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1986: $53,939 → 2026: $161,959 (3.0×) pre-2000 estimated via FHFA index

Typical value$161,9592026-05
1-year+6.4%
5-year+37.0%
10-year+85.3%
Since 2000n/a
Population15k2024
Median income$56,2132023 · 2.9× income
New homes/yr282024
Price / sq ft$165listings
Days on market482026-06
Active listings732026-06
Price cuts30%of listings

Market read

At $161,959, homes in Arenac County sit 29% below the Michigan median ($228,626) and 31% below the US median ($233,954). That ranks #78 of 83 Michigan counties by price.

Prices are climbing fast (+6.4% in the last year) — a seller's market.

Homes here move at a steady pace — a median 48 days on the market, with 30% of listings cutting their asking price.

At 2.9× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~24% cheap for local incomes and rents — a relative bargain.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Bay County, MI ($186,609) · Ogemaw County, MI ($186,978) · Iosco County, MI ($171,439) · Gladwin County, MI ($190,768) · Tuscola County, MI ($189,043) · Midland County, MI ($247,028)

Frequently asked questions

What is the average home price in Arenac County, MI?
The typical home in Arenac County is worth $161,959 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Arenac County rising or falling?
Prices are up +6.4% over the past year and n/a since 2000 — a seller's market.
Is Arenac County affordable?
At 2.9× the local median income of $56,213, Arenac County is more affordable than the typical US county.
How fast do homes sell in Arenac County?
Homes here take a median of 48 days to sell, with 30% of listings cutting their asking price.
Median home value by year
YearMedian home value
2003$104,561
2004$106,088
2005$109,688
2006$110,983
2007$106,127
2008$102,767
2009$92,462
2010$88,277
2011$86,192
2012$90,547
2013$86,882
2014$82,988
2015$89,749
2016$87,865
2017$90,295
2018$94,272
2019$95,470
2020$104,226
2021$122,862
2022$140,072
2023$138,764
2024$144,895
2025$151,328