A typical Acme home is worth roughly $421,000
Home prices around Acme have risen about 70% over the past 5 years.
What kind of housing town is Acme?
Read from the numbers below. The page puts what stands out first.
A typical home costs 3.8 years of income
About the same as across Michigan. Try your own numbers below.
That covers a typical Acme home, with $9K to spare.
A two-bedroom rents for about $1,420 a month here, $1,090 less than owning.
How Acme ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Acme’s typical property tax (0.87% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 70% in 5 years
The federal house price index for the ZIP codes around Acme rose 70% over the past 5 years, faster than across Michigan (52%). Prices were about flat last year. Carrying the Census median home value forward with that index puts the typical Acme home at roughly $421,000 today.
Carrying the Census median forward with the index puts a typical home at about $421K.
How Acme ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Acme, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,420
Renters already here pay a median of $1,490.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Grand Traverse County, MI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 of Acme’s houses are on the National Register
Half of Acme’s homes were built before 1985.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
Acme vs. its neighbors
Acme is the priciest of 3 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Acme | $421K* | −0.3%† | $1,420 | $110,281 |
| Whitewater | $373K* | +1.7%† | $1,400 | $93,958 |
| East Bay | $279K* | +8.8%† | $1,340 | $85,291 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Acme buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.