
Mikado, MI Housing Market
$167,368
6.5% 1-yrThe average Mikado, MI home value is $167,368, up 6.5% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Mikado Key Takeaways
Typical Home Values: $167,368
1-Year Value Change: +6.5%
(Data through August 31, 2026)
Mikado Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Mikado
- NameMedian ZHVI
- Tower--
- Northeast$49,446
- Northmoor$81,773
- Downtown--
- Houghton Jones$30,966
- Covenant$57,951
- Butman-Fish$74,456
- Cathedral District$40,631
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Mikado Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Mikado, MI?
The median home value in Mikado, MI is $167,368 as of August 2026. This represents a 0.7% increase compared to last month and a 6.5% increase year-over-year.
How have home values changed in Mikado, MI?
Home values in Mikado, MI have increased by 0.7% month-over-month and 6.5% year-over-year.
How do home values in Mikado, MI compare to Alcona County, Michigan, and the national average?
The median home value in Mikado, MI ($167,368) compares to: Alcona County ($197,520), Michigan ($266,292), and the U.S. national median ($368,697).