Current Price

$200,078

1 Month Forecast

â–¼ $199,195

1-Year Forecast *

â–² $200,953

5-Year Forecast *

â–² $209,619

"Is it a good time to buy homes in Black River?" "Does investing in real estate in Black River (Michigan State, Alcona County) worth it?" According to our live Forecast System, buying a house in Black River is a not so good short-term (1-year) investment*. The Black River average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Black River" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Black River in Michigan State, Alcona County. If you are looking for homes for sale with good flipping profit, Black River can be a profitable property investment option. The median price of an average house in Black River was 200,078 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Black River" area is 209,619 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +4.77% meaning that investing 100000 USD today may yield a profit of 4,769 USD by 2031.

Current Median Listing Price: 200,078 USD Median Listing Price Per Square Foot: 111 USD

Black River Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Black River (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Black River Price Target

Black River median home price target in 12 months: $200,953* (upside of 0.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $189,109 $200,078 $186,046 $200,078
2023 $188,749 $191,493 $188,749 $198,154
2022 $184,961 $187,848 $184,961 $196,080
2021 $189,539 $183,818 $180,843 $189,539
2020 $184,216 $187,981 $183,956 $189,403
2019 $191,715 $184,090 $183,739 $192,577
2018 $166,951 $191,536 $166,951 $192,306
2017 $171,271 $166,883 $164,935 $172,773
2016 $162,365 $167,406 $160,484 $167,406
2015 $154,299 $161,448 $152,963 $161,448
2014 $0 $154,365 $0 $154,365
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Black River Housing Market Forecast

How much does an average home cost in Black River today?

The value of an average home (the listing price) in Black River is $200,078 USD.

What is the average price per square foot in Black River?

According to Walletinvestor the median price per square foot in Black River is 111 USD.

Will the median listing price of homes in Black River grow / rise / go up?

Yes. The Black River home prices may rise from 200,078 USD to 200,953 USD in one year.

Is it profitable to invest in Black River homes?

Yes. The long-term profit potential is +0.44% in one year.

Will Black River house prices fall / drop?

No. See above.

What is the predicted price of a Black River home in 2030?

The predicted home sales price of a Black River home in 2030 in Black River is 204,840 USD.

What is the predicted price of a Black River home in 2035?

The predicted home sales price of a Black River home in 2035 in Black River is 217,759 USD.

Will real estate prices decrease in Black River?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Black River is the 24459. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Alcona, Black River remained stable, looking at the past 12 months.

According to Walletinvestor's Black River real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 200,078 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 0.418% in 2021
  • 1.058% in 2022
  • 1.538% in 2023
  • 1.342% in 2024
  • 0.482% in 2025
  • 1.978% in 2026

Based on our Black River real estate market research and report the predicted sales prices will increase by 4.463% in the next 10 years.

Black River (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Black River Housing Market Forecast with Real Estate Prices for 2025
January 2025 199195 187243 211146
February 2025 198315 185226 211404
March 2025 197440 184014 210866
April 2025 197545 182137 212954
May 2025 198520 184227 212814
June 2025 199501 185735 213266
July 2025 200486 182241 218730
August 2025 200537 180483 220590
September 2025 199866 189473 210259
October 2025 198983 187243 210723
November 2025 199966 182969 216963
December 2025 200953 189298 212608
Black River Housing Market Forecast with Real Estate Prices for 2026
January 2026 201945 182357 221534
February 2026 202942 187722 218163
March 2026 203944 186201 221688
April 2026 204108 189617 218600
May 2026 203400 185704 221096
June 2026 202502 191770 213235
July 2026 201609 188101 215116
August 2026 200719 184661 216776
September 2026 199833 185645 214021
October 2026 198951 179653 218249
November 2026 199905 185712 214098
December 2026 200892 188437 213347
Black River Housing Market Forecast with Real Estate Prices for 2027
January 2027 201884 186743 217025
February 2027 202881 192128 213633
March 2027 203882 191242 216523
April 2027 203962 185402 222523
May 2027 203528 184600 222457
June 2027 202995 191830 214160
July 2027 202825 190656 214995
August 2027 201930 185978 217882
September 2027 201039 182543 219534
October 2027 200151 181337 218966
November 2027 199268 187112 211423
December 2027 198388 187080 209696
Black River Housing Market Forecast with Real Estate Prices for 2028
January 2028 197808 187325 208292
February 2028 198676 187947 209404
March 2028 199657 183884 215429
April 2028 200642 180578 220707
May 2028 201633 190342 212924
June 2028 202629 190066 215192
July 2028 203629 186524 220734
August 2028 204634 193993 215275
September 2028 205645 185080 226209
October 2028 206660 188681 224640
November 2028 205748 195461 216035
December 2028 204840 191730 217950
Black River Housing Market Forecast with Real Estate Prices for 2029
January 2029 203936 183950 223921
February 2029 204044 186088 222000
March 2029 205052 192954 217150
April 2029 206064 190609 221519
May 2029 207082 195485 218678
June 2029 207134 193670 220598
July 2029 206441 193435 219447
August 2029 205530 192170 218889
September 2029 206545 190021 223068
October 2029 207564 195111 220018
November 2029 208589 197951 219227
December 2029 209619 191173 228066
Black River Housing Market Forecast with Real Estate Prices for 2030
January 2030 210654 197594 223715
February 2030 210823 194590 227057
March 2030 210092 198957 221227
April 2030 209165 197452 220878
May 2030 208241 189916 226567
June 2030 207322 189493 225152
July 2030 206407 186386 226429
August 2030 205496 187618 223374
September 2030 206482 189550 223413
October 2030 207501 190694 224309
November 2030 208526 196848 220203
December 2030 209555 198868 220243
Black River Housing Market Forecast with Real Estate Prices for 2031
January 2031 210590 196480 224699
February 2031 210673 191923 229422
March 2031 210225 196139 224310
April 2031 209673 192270 227076
May 2031 209498 195462 223534
June 2031 208573 188342 228805
July 2031 207653 194986 220320
August 2031 206736 190404 223068
September 2031 205824 195532 216115
October 2031 204915 192415 217415
November 2031 204316 191649 216984
December 2031 205212 194541 215883

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.