Northwest Michigan Housing Report September 2025
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Aug New Listings
-5% from last month

New Pendings
-20% from last month

Closed Sales
+3% from last month

Price Per Sq Ft
even with last month

Avg. Sale Price
+3% from last month
| Property Type | Jun ’25 | Jul ’25 | Aug ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 337 | 333 | 342 | 4% | 4% |
| Avg Price | $511,987 | $532,165 | $546,354 | 12% | 2% | |
| Waterfront | Sales | 39 | 46 | 43 | -4% | 1% |
| Avg Price | $1,035,850 | $1,138,601 | $980,416 | 12% | -7% | |
| Non-Waterfront | Sales | 236 | 246 | 250 | 7% | 7% |
| Avg Price | $450,748 | $436,891 | $485,409 | 13% | 6% | |
| Condo | Sales | 61 | 41 | 49 | 6% | -8% |
| Avg Price | $414,654 | $423,421 | $476,389 | 10% | 3% |
| Price Range | Jun ’25 | Jul ’25 | Aug ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 337 | 333 | 342 | 4% | 4% |
| $/SF | $333 | $351 | $350 | 12% | 3% | |
| Avg Price | $511,987 | $532,165 | $546,354 | 12% | 2% | |
| <$350k | Sales | 130 | 150 | 133 | -6% | 1% |
| $/SF | $174 | $193 | $197 | 8% | 1% | |
| $350k-$700k | Sales | 137 | 115 | 140 | 13% | 8% |
| $/SF | $323 | $325 | $300 | 3% | 2% | |
| >$700k | Sales | 70 | 68 | 69 | 19% | 2% |
| $/SF | $515 | $566 | $587 | 14% | 6% |
< 1 minute
After a slower-than-usual start to the year, Northwest Michigan’s housing market shifted into a higher gear during May as seasonal buyers and sellers returned in force. New listings surged 41% [...]
Spring Momentum Builds Unevenly
< 1 minute
Northwest Michigan’s housing market continues to move through a slower and less consistent start to the year, with spring activity building unevenly across property types and price ranges. While new [...]
A Seasonal Market Still Finding Its Footing
< 1 minute
Northwest Michigan’s housing market is off to a slower and less defined start to the year, with early activity reflecting both seasonality and uneven demand across property types. Through the [...]