Brighton's headline home price fell 9.1% over the past year, but that drop mostly reflects more condos in the sales mix rather than prices falling across the board.
Key Takeaway
A typical Brighton home sold for a median of $349,833 last quarter, but the cheapest and most negotiable way in is a condo, where most homes sold below asking. If you need a detached house, budget higher and expect to pay full price, because single-family homes are selling fast and often over list.
Who This Guide Is For
You are setting a budget for a home in Brighton and deciding whether a condo or a single-family house gets you in at a price and on terms you can live with.
Average Home Price in Brighton, MI Right Now
The figures on this page come from the Redfin Data Center and cover the 90 days ending September 30, 2026. The all-homes median is a starting point for your budget, but it blends two very different markets.
Why the Headline Drop Overstates Falling Prices
The all-homes median fell more than either houses or condos did individually. Twenty-six of the 48 recent sales were condos, and that heavier mix of lower-priced units pulled the blended figure down.
Single-family homes dipped only 2.8% year-over-year (based on 19 sales), while condos rose 2.2% (based on 26 sales). The overall drop is mostly about what sold, not prices falling everywhere, so don't expect 9% discounts on a house. Samples that small also mean one quarter's direction can flip the next.
Median vs. Average Home Price in Brighton
Real estate data reports the median sale price, not the average. The median is the exact middle sale, so a few multi-million-dollar lakefront properties can't inflate the number you see.
Redfin doesn't publish the mean. You can ask your agent for the MLS average sale price for the same window, which can run higher. A citywide median says nothing about a specific street, age of home or lake access, so treat it as a budgeting anchor rather than a price for any one house.
Single-Family Home vs. Condo Prices in Brighton
The trade-off is a higher price with heavy competition versus a lower price with room to negotiate.
Single-Family Home Prices in Brighton
Competition defines the detached housing market. The median sale price for a single-family home was $388,845 based on 19 recent sales. More than 4 in 10 Brighton houses sold for more than the asking price last quarter. At the end of the quarter, only 9 single-family homes were for sale, so you may wait weeks for one that fits and then compete for it.
Condo Prices in Brighton
Condos are the cheaper entry point and give buyers more room to negotiate. The median sale price for a condo was $339,865 based on 26 sales, and 22 condos were for sale at the end of the quarter. With 2.6 months of supply, you can shop, compare and ask for concessions. The catch is that the sticker gap to a house is only about $49,000, and monthly homeowner association dues can eat into that saving over time.
Price Per Square Foot in Brighton
Per square foot, a Brighton condo costs only about 7% less than a house. The median was $204 for single-family homes and $189 for condos.
For an 1,800-square-foot home, that works out to about $367,200 for a house and roughly $340,200 for a condo, a gap of about $27,000. That's a modest discount, so compare properties on space and monthly costs rather than sticker price alone. Price per square foot ignores lot size, age, condition and lake frontage, so two homes with the same figure can represent very different values.
What it Costs to Buy a Home in Brighton
Down Payment on a Typical Brighton Home
A standard 20% down payment is about $77,769 on a median house and about $67,973 on a median condo. Choosing the condo saves about $9,800 at 20% down.
Low-down-payment loans shrink both requirements. FHA loans require a minimum 3.5% down payment for borrowers with a credit score of 580 or higher. Fannie Mae's HomeReady mortgage allows down payments as low as 3%. An FHA loan on a condo only works if the complex is FHA-approved, so check the HUD condo approval lookup before you commit to a unit.
Mortgage rates and your income decide how much house you can afford each month, so run that math before you set a price ceiling. Local homebuyer assistance programs can help if you're short on the cash to close.
Property Taxes after you Buy
In Michigan, the seller's property tax bill can be well below what you'll pay. A transfer of ownership causes a property's taxable value to uncap in the calendar year following the transfer. At that point it is set at the property's State Equalized Value, which is 50% of its true cash value.
Owner-occupants can claim the principal residence exemption. It exempts an owner's primary home from the local school operating millage, up to 18 mills.
Which millage applies depends on whether the address is in the City of Brighton or a surrounding township, and a Brighton mailing address doesn't tell you that. Confirm the exact jurisdiction on the property's parcel record. Then ask that city or township assessor to estimate property taxes at your purchase price before you build out your budget.
HOA Dues and Closing Costs
Condo buyers need to add HOA dues to their true monthly cost. Dues can rise, and a thin reserve fund can mean a special assessment shortly after you close, a cost that never shows up in the purchase price.
Ask the HOA for:
- current dues and what they cover
- any special assessments in the last few years
- the reserve fund balance
Request the association's master deed, bylaws, budget and recent meeting minutes before removing contingencies. Under the Michigan Condominium Act, a developer must give prospective purchasers copies of the recorded master deed and a conforming purchase agreement. The developer must also furnish the Condominium Buyer's Handbook before a purchase agreement becomes binding.
Buyer closing costs add a few percentage points to the cash you need at the closing table.
How to Make an Offer in Brighton's Market
Making an Offer on a Single-Family Home
Houses sold at a median of 100.4% of list price and spent a median of 16 days on the market. Get pre-approved before touring, be ready to offer at or above list on well-priced homes, and decide quickly.
Offering over list can leave you covering an appraisal gap in cash. Ask your lender how an appraisal below your offer price would be handled before you write the offer.
Making an Offer on a Condo
Condos took longer to sell, staying on the market for a median of 24 days, and only 12% of Brighton condos sold above asking last quarter. There's room to offer below list, ask for seller credits, or keep inspection and HOA-document contingencies.
The building's financial health can undo that saving. Read the HOA documents listed above, including the reserve study, before you count your savings, and read the seller disclosures alongside them.
Which Brighton Home Fits your Budget
Start with space:
- If you need a detached house with your own lot, focus on single-family home prices and making an offer on a single-family home.
- If shared walls work, start with condo prices.
Next, weigh timing:
- If you can commit quickly at or above asking, the single-family offer approach fits.
- If you need room to negotiate on price, repairs or credits, go to making an offer on a condo.
If your budget sits closer to the condo median than the single-family median, the price per square foot and down payment sections show what the gap means in cash. Finally, check property taxes and HOA dues to see how much monthly cost beyond the mortgage you can carry before you set a price ceiling.
For the lowest entry price and room to negotiate, start with condos, which sold at 98.7% of list price. For a detached house on a fast timeline, use the single-family offer approach, since houses typically sold above list. For the most space for the money, compare on price per square foot. The per-foot gap is small enough that a larger condo can beat a smaller house on space, as long as the HOA dues still fit your monthly budget.
Brighton Housing Market Outlook
The overall market moves quickly. A typical home went under contract in about 18 days at 99.5% of the list price, and 23.4% of all homes sold over list price.
The 35 total listings and 2.3 months of supply still favor sellers. Housing economists typically consider a five- to six-months' supply a balanced market. Watch condo inventory as the first sign of a cooler market, since that segment is already seeing longer days on market. Tim Sova can pull a current comparable-sales report for a specific home if you're ready to start looking.
At a Glance
- Median sale price: $349,833 all homes; $388,845 single family (based on 19 sales); $339,865 condo (based on 26 sales). Redfin, 90 days ending 2026-09-30.
- Year-over-year change in median sale price: -9.1% all homes; -2.8% single family (19 sales); +2.2% condo (26 sales). Redfin, 90 days ending 2026-09-30.
- Homes sold: 48 all homes; 19 single family; 26 condo. Redfin, 90 days ending 2026-09-30.
- Median days on market: 18 all homes; 16 single family (19 sales); 24 condo (26 sales). Redfin, 90 days ending 2026-09-30.
- Sale-to-list price: 99.5% all homes; 100.4% single family (19 sales); 98.7% condo (26 sales). Redfin, 90 days ending 2026-09-30.
- Share sold above list price: 23.4% all homes; 42.1% single family (19 sales); 12% condo (26 sales). Redfin, 90 days ending 2026-09-30.
- Months of supply: 2.3 all homes; 1.4 single family; 2.6 condo. Redfin, 90 days ending 2026-09-30.
- Homes for sale (inventory): 35 all homes; 9 single family; 22 condo. Redfin, 90 days ending 2026-09-30.
- Median price per square foot: $199 all homes; $204 single family (19 sales); $189 condo (26 sales). Redfin, 90 days ending 2026-09-30.
Brighton, MI Home Price FAQs
Is Brighton, MI Expensive to Live in?
Condos are Brighton's lower-cost entry point, with a median sale price about $49,000 below that of a single-family home. Property taxes and HOA dues vary by property type and jurisdiction, as described above.
How do Brighton Home Prices Compare with the Rest of Livingston County?
According to Realcomp II Ltd., Livingston County's median sale price was $415,000 in September 2026. Brighton's median runs lower than that, so buying in Brighton may stretch your budget further than shopping the county as a whole.
What Township is Brighton, MI in?
The City of Brighton is a separate, independently incorporated municipality within Livingston County. It is distinct from the surrounding Brighton Charter Township.
What ZIP Codes Cover Brighton, MI?
Brighton is served by two ZIP codes: 48114 and 48116. The prices on this page cover Brighton as a whole and are not broken out by ZIP code.
What is the Property Tax Rate in Brighton, MI?
As of 2025, the most recently published residential millage rates for Brighton Township were 19.86 to 26.26 mills per $1,000 of taxable value for homestead properties, and 37.86 to 45.42 mills for non-homestead properties. For example, a home with a taxable value of $175,000 at a 20-mill rate would owe $3,500 in property taxes.
How Much Income do you Need to Buy a Home in Brighton, MI?
For manually underwritten loans, Fannie Mae's maximum total debt-to-income ratio is 36% of your stable monthly income. Loans through Desktop Underwriter can go up to 50%. Your interest rate, property taxes and HOA dues all change the income you need.

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