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Today: September 23, 2025

Current Price

$620,987

1 Month Forecast

$644,341

1-Year Forecast *

$695,487

5-Year Forecast *

$779,643

"Is it a good time to buy homes in Empire?" "Does investing in real estate in Empire (Michigan State, Leelanau County) worth it?" According to our live Forecast System, buying a house in Empire is a good short-term (1-year) investment*. The Empire average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Empire" 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 Empire in Michigan State, Leelanau County. If you are looking for homes for sale with good flipping profit, Empire can be a profitable property investment option. The median price of an average house in Empire was 620,987 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Empire" area is 779,643 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +25.55% meaning that investing 100000 USD today may yield a profit of 25,549 USD by 2030.

Current Median Listing Price: 620,987 USD Median Listing Price Per Square Foot: 345 USD

Empire 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.

Empire (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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

Empire Price Target

Empire median home price target in 12 months: $695,487* (upside of 12.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $645,921 $639,883 $639,883 $650,504
2024 $600,115 $620,987 $599,804 $620,987
2023 $587,685 $600,651 $584,171 $611,770
2022 $541,696 $590,680 $541,696 $602,214
2021 $432,632 $533,486 $432,632 $533,486
2020 $399,260 $427,201 $399,260 $427,201
2019 $382,184 $398,145 $377,875 $398,145
2018 $362,885 $382,002 $362,624 $383,059
2017 $337,199 $361,962 $337,199 $361,962
2016 $335,457 $332,519 $325,063 $336,019
2015 $334,460 $335,982 $333,506 $338,163
2014 $319,901 $334,760 $315,744 $334,760
2013 $298,289 $321,215 $298,289 $321,535
2012 $297,624 $297,941 $294,560 $297,941

Questions & Answers about the Empire Housing Market Forecast

How much does an average home cost in Empire today?

The value of an average home (the listing price) in Empire is $620,987 USD.

What is the average price per square foot in Empire?

According to Walletinvestor the median price per square foot in Empire is 345 USD.

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

Yes. The Empire home prices may rise from 620,987 USD to 695,487 USD in one year.

Is it profitable to invest in Empire homes?

Yes. The long-term profit potential is +12.00% in one year.

Will Empire house prices fall / drop?

No. See above.

What is the predicted price of a Empire home in 2030?

The predicted home sales price of a Empire home in 2030 in Empire is 779,643 USD.

What is the predicted price of a Empire home in 2035?

The predicted home sales price of a Empire home in 2035 in Empire is 949,928 USD.

Will real estate prices decrease in Empire?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Empire is the 17176. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Leelanau, Empire increased, looking at the past 12 months.

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

Median home values increased by 1.558% to 620,987 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 12.347% in 2020
  • 12.847% in 2021
  • 13.217% in 2022
  • 11.397% in 2023
  • 11.247% in 2024
  • 11.177% in 2025

Based on our Empire real estate market research and report the predicted sales prices will increase by 210.501% in the next 10 years.

Over the last 12 months, the value of homes in Empire fluctuated: increasing 7 times and decreasing 3 times.

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

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Empire Housing Market Forecast with Real Estate Prices for 2025
August 2025 644341 594083 694600
September 2025 648831 598871 698791
October 2025 653352 613498 693207
November 2025 657905 617115 698695
December 2025 662489 605515 719463
Empire Housing Market Forecast with Real Estate Prices for 2026
January 2026 667106 630415 703796
February 2026 671754 633464 710044
March 2026 676435 613526 739343
April 2026 681148 621207 741089
May 2026 685895 648856 722933
June 2026 690674 647852 733496
July 2026 695487 656539 734434
August 2026 700333 640104 760561
September 2026 705213 653732 756693
October 2026 710127 646926 773328
November 2026 715075 649288 780862
December 2026 720058 676134 763981
Empire Housing Market Forecast with Real Estate Prices for 2027
January 2027 725075 667794 782356
February 2027 730128 679749 780506
March 2027 735215 678604 791827
April 2027 740338 689255 791422
May 2027 745497 693312 797682
June 2027 749577 690361 808794
July 2027 746707 700411 793003
August 2027 743848 682109 805588
September 2027 741000 687648 794352
October 2027 738163 681324 795001
November 2027 735336 688275 782398
December 2027 732520 662198 802842
Empire Housing Market Forecast with Real Estate Prices for 2028
January 2028 734455 678637 790274
February 2028 739573 680407 798739
March 2028 744726 688127 801326
April 2028 749916 688423 811409
May 2028 754785 712517 797053
June 2028 754159 711172 797146
July 2028 751271 676144 826398
August 2028 748394 684781 812008
September 2028 745529 684395 806662
October 2028 743118 695558 790677
November 2028 742455 678604 806306
December 2028 742070 696804 787337
Empire Housing Market Forecast with Real Estate Prices for 2029
January 2029 743985 700834 787137
February 2029 747029 675314 818744
March 2029 748295 683942 812649
April 2029 749630 697905 801354
May 2029 749286 681850 816722
June 2029 751622 689989 813255
July 2029 756492 692190 820793
August 2029 761763 690157 833369
September 2029 766341 727258 805425
October 2029 766666 722966 810366
November 2029 772008 700211 843805
December 2029 774251 719279 829222
Empire Housing Market Forecast with Real Estate Prices for 2030
January 2030 776912 708544 845280
February 2030 777486 708290 846682
March 2030 774812 728324 821301
April 2030 771845 703923 839768
May 2030 768890 722756 815023
June 2030 774247 699920 848575
July 2030 779643 707915 851370
August 2030 785075 712848 857302
September 2030 790546 732045 849046
October 2030 796054 738738 853370
November 2030 801601 723846 879357
December 2030 807187 757948 856425
Empire Housing Market Forecast with Real Estate Prices for 2031
January 2031 812811 759979 865644
February 2031 818475 775914 861036
March 2031 824178 754947 893409
April 2031 829921 783446 876397
May 2031 835704 762162 909246
June 2031 841528 798610 884445
July 2031 847391 772821 921962
August 2031 853296 777353 929239
September 2031 859242 787925 930559
October 2031 865229 812450 918008
November 2031 871258 820725 921791
December 2031 877329 812407 942252
Empire Housing Market Forecast with Real Estate Prices for 2032
January 2032 883442 817184 949701
February 2032 889598 803307 975889
March 2032 895797 844737 946858
April 2032 900700 820538 980863
May 2032 897251 851492 943011
June 2032 893816 825886 961746
July 2032 890394 803135 977652
August 2032 886984 804495 969474
September 2032 883588 833223 933952
October 2032 880204 793944 966464
November 2032 882529 830460 934599
December 2032 888679 833581 943777
Empire Housing Market Forecast with Real Estate Prices for 2033
January 2033 894871 842969 946774
February 2033 901107 835326 966888
March 2033 906957 824424 989490
April 2033 906206 822835 989577
May 2033 902736 830517 974954
June 2033 899279 841725 956833
July 2033 895835 808939 982731

> 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.