Imlay, MI housing market
The typical Imlay home is worth about $283,000, up 4.9% in a year, 6% above the Michigan typical home.
Home values, sales, trends and how Imlay compares with the towns next door — updated as new data is published.
Imlay at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Imlay | Michigan |
|---|---|---|
| 2017 | $146,000 | $144,000 |
| 2018 | $154,000 | $155,000 |
| 2019 | $159,000 | $165,000 |
| 2020 | $180,000 | $175,000 |
| 2021 | $201,000 | $194,000 |
| 2022 | $238,000 | $217,000 |
| 2023 | $241,000 | $230,000 |
| 2024 | $253,000 | $241,000 |
| 2025 | $266,000 | $253,000 |
| 2026 | $277,000 | $262,000 |
| August 2026 | $283,000 | $266,000 |
4.7 years of income
The typical Imlay home costs about 4.7 years of the town's median household income, more than across Michigan (3.7 years).
How Imlay ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,060
HUD's Fair Market Rent for a two-bedroom in Imlay is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Imlay pay a median of $895, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $750 · 4 bedrooms $1,400
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (48444; Detroit-Warren-Livonia, MI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Imlay
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.