A typical Limestone home is worth roughly $205,000
What kind of housing town is Limestone?
Read from the numbers below. The page puts what stands out first.
99% of Limestone households own their home
Half of Limestone’s homes were built before 1972.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
What it takes to buy in Limestone
Try your own numbers below.
That covers a typical Limestone home, with $66K to spare.
A two-bedroom rents for about $1,070 a month here, $220 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Michigan typical property tax (1.25% 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 $1,070
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Alger County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Limestone vs. its neighbors
Limestone is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Limestone | $205K* | — | $1,070 | $57,292 |
| Rock River | $214K* | — | $1,070 | $63,235 |
| Maple Ridge | $158K* | — | $1,100 | $70,119 |
| Au Train | $241K | +11.8% | $1,120 | $64,015 |
| Skandia | $236K | +9% | $1,140 | $69,485 |
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 Limestone 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. 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.