Mansfield, MI housing market
Home prices around Mansfield have risen about 88% over the past 5 years.
Home values, sales, trends and how Mansfield compares with the towns next door — updated as new data is published.
Home prices up 88% in 5 years
The federal house price index for the ZIP codes around Mansfield rose 88% over the past 5 years, faster than across Michigan (52%). Last year prices rose 8.7%.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +8.7% | +140% | +97% |
| 2024 | +7.7% | +120% | +88% |
| 2023 | +11% | +105% | +76% |
| 2022 | +23% | +84% | +64% |
| 2021 | +18% | +50% | +45% |
| 2020 | −5.4% | +28% | +30% |
| 2019 | +12% | +35% | +26% |
| 2018 | −2.2% | +21% | +20% |
| 2017 | +2.7% | +23% | +12% |
| 2016 | −9.7% | +20% | +5.3% |
| 2015 | +11% | +33% | 0% |
| 2014 | −0.5% | +20% | −4.7% |
| 2013 | −3.5% | +20% | −12% |
| 2012 | +1.6% | +25% | −16% |
| 2011 | −3.6% | +23% | −16% |
| 2010 | −4.6% | +27% | −12% |
| 2009 | −1.2% | +33% | −5% |
| 2008 | −2.4% | +35% | +3.5% |
| 2007 | +5.9% | +38% | +11% |
| 2006 | +1.6% | +31% | +16% |
| 2005 | +8.2% | +29% | +18% |
| 2004 | +14% | +19% | +14% |
| 2003 | +0.1% | +4.3% | +10% |
| 2002 | +9.8% | +4.2% | +8.3% |
| 2001 | −5.1% | −5.1% | +5% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 49920, 49879, covering 63% of Mansfield’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Mansfield and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Mansfield | — | +8.7%† | $1,100 | $78,750 |
| Crystal Falls | $173K | +14.2% | $1,090 | $57,986 |
| Mastodon | — | +8.7%† | $1,100 | $55,625 |
| Republic | $175K | +8.7% | $1,090 | $49,663 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,100
HUD's Fair Market Rent for a two-bedroom in Mansfield is $1,100 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $770 · 4 bedrooms $1,520
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49879, 49920; Dickinson County, MI), 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.
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.