Compare: Alger Heights vs Michigan

Home Values in Alger Heights and Michigan

Alger Heights

Michigan

Zillow Home Value Index

$93,400

$99,400

1-Year Change

+8.4%

+8.5%

Median List Price

$92,900

$119,900

Median Sale Price

$83,500

$115,300

Total Homes Sold in Jan

21 homes

8540 homes

Alger Heights, Grand Rapids tends to be less expensive for home buyers than Michigan. During the last year, Alger Heights home values have risen by 8.4%, while Michigan home values have risen by 8.5%. The median sale price in Alger Heights is $83,500, but the median listing price was $92,900, a 10.1% discount. Meanwhile in Michigan, the median selling price is $115,300, and the starting price had a median of $119,900, a 3.8% discount. In January, Alger Heights home sellers managed to move 21 houses, while Michigan saw 8540 transactions.

Demographics in Alger Heights and Michigan

Alger Heights

Michigan

Population

4,017

9,295,297

Median Household Income

$48,054

$46,339

Median Age

Homes with Kids

31.4%

30.7%

Average Household Size

2.5

2.6

Average Commute Time (Minutes)

At $46,339, the median income in Michigan is $1,715 less than in Alger Heights, and $1,827 higher than the national average. Alger Heights has a younger median age, at 32, compared to 35 in Michigan, and a shorter average commute. The average commute in Michigan is 25 minutes and the average commute in Alger Heights is 21 minutes.