Brighton, MI

Brighton, Michigan is a city located in the southeast corner of the state. The city has a population of around 25,000 and is home to several large businesses, including Ford Motor Company and General Motors. Brighton also has a strong economy based on its health care and technology sectors.

Real estate in Brighton is generally expensive compared to other areas of Michigan. The median sale price for homes in Brighton was $269,000 in 2016, which was significantly higher than the statewide median sale price of $148,500. However, this high median sale price may not be indicative of the true market value for homes in Brighton because many properties are sold through private sales or short sales. In addition, many people who live in Brighton own their homes outright rather than renting them so they do not have to pay rent or mortgage payments. As a result, the average monthly homeowner income in Brighton is much higher than the statewide average monthly homeowner income of $2,898.

Despite these factors, there are still plenty of affordable homes available for purchase or rent in Brighton. For example, the lowest priced home that was available for sale last year cost just $135K and the lowest priced rental property that was available last year cost just $1K per month.