A typical Inwood Township home is worth roughly $229,000
Home prices around Inwood Township have risen about 65% over the past 5 years.
What stands out about housing in Inwood Township
Home prices up 65% in 5 years
The federal house price index for the ZIP codes around Inwood Township rose 65% over the past 5 years, faster than across Michigan (52%). Last year prices rose 16%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Inwood Township, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 3.5 years of income
More than across Michigan (3.2 years). Try your own numbers below.
That covers a typical Inwood Township home, with $33K to spare.
A two-bedroom rents for about $1,020 a month here, $310 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Inwood Township’s typical property tax (0.65% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,020
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Delta County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
94% of Inwood Township households own their home
Half of Inwood Township’s homes were built before 1977.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Inwood Township vs. its neighbors
Inwood Township is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Inwood Township | $229K* | +16.1%† | $1,020 | $64,922 |
| Thompson Township | $231K* | +16.1%† | $970 | $82,031 |
| Garden Township | $226K | +12.4% | $1,130 | $51,838 |
| Hiawatha Township | $185K* | +16.1%† | $1,010 | $79,196 |
| Munising Township | $175K* | — | $1,090 | $62,227 |
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 Inwood Township 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. Listings link to their publishers. The calculator is an estimate, not a loan offer.