Median list price

$368,475▲ 16.8% vs last yearSeptember 2026 · Realtor.com

Property tax rate

1.47%Above state avg 1.25%Median bill $2,875/yr · Census

Median rent

$1,0162-bed $1,039Per month · Census

Days on market

43 days▲ 5 days vs last yearSeptember 2026 · Realtor.com

What the numbers say

Midland County, MI real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Midland County listed for $368,475, up 16.8% from a year earlier. That is 23% above the Michigan median of $299,900.

Homes spent a median of 43 days on the market, slower than 38 days a year ago. That makes Midland County the #10 fastest-selling of 34 Michigan counties we track.

Homeowners in Midland County pay a median of $2,875 a year in property taxes on a median home value of $195,400, an effective rate of about 1.47%. The Michigan average is 1.25%, which makes Midland County the #78 lowest-tax of 83 counties in the state with published tax data.

Renters pay a median of $1,016 a month, and $1,039 for a two-bedroom. At today's prices a typical home costs about 30 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $368,000 home here comes to about $2,614 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $112,000 a year (the median household here earns $77,705).

Median list price, last 12 months
$368K$333K$297KSep 2025Sep 2026

Monthly payment on a typical home

$2,614/mo
  • Principal & interest$2,009
  • Property tax$452
  • Insurance (est.)$154

$368,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Midland County by bedrooms

Studio$73718% below state
1 bedroom$77816% below state
2 bedrooms$1,03911% below state
3 bedrooms$1,17911% below state
4 bedrooms$1,63114% above state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Midland County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

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Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.