Northwest Michigan Housing Report October 2025
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Sep New Listings
-14% from last month

New Pendings
-30% from last month

Closed Sales
-1% from last month

Price Per Sq Ft
+5% from last month

Avg. Sale Price
+5% from last month
| Property Type | Jul ’25 | Aug ’25 | Sep ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 333 | 345 | 343 | 3% | 5% |
| Avg Price | $532,165 | $543,653 | $572,623 | 13% | 4% | |
| Waterfront | Sales | 46 | 43 | 56 | -1% | 6% |
| Avg Price | $1,138,601 | $980,416 | $1,356,195 | 15% | 1% | |
| Non-Waterfront | Sales | 246 | 253 | 236 | 6% | 7% |
| Avg Price | $436,891 | $482,448 | $430,245 | 13% | 6% | |
| Condo | Sales | 41 | 49 | 51 | 2% | -4% |
| Avg Price | $423,421 | $476,389 | $371,077 | 10% | 1% |
| Price Range | Jul ’25 | Aug ’25 | Sep ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 333 | 345 | 343 | 3% | 5% |
| $/SF | $351 | $349 | $367 | 13% | 4% | |
| Avg Price | $532,165 | $543,653 | $572,623 | 13% | 4% | |
| <$350k | Sales | 150 | 136 | 145 | -8% | 2% |
| $/SF | $193 | $196 | $192 | 8% | 1% | |
| $350k-$700k | Sales | 115 | 140 | 129 | 12% | 8% |
| $/SF | $325 | $300 | $301 | 2% | 1% | |
| >$700k | Sales | 68 | 69 | 69 | 21% | 6% |
| $/SF | $566 | $587 | $655 | 16% | 10% |
< 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 [...]