#65025006403, Kyle Westrate, Listing Office: United Realty Services LLC
Allegan County Housing Market Report January 2025•Allegan County, Michigan
Housing Prices in Allegan County, MI
How much do homes in Allegan County, MI cost?
Housing Market Conditions
Is Allegan County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Allegan County is a Seller's Market
Difference Since January 2024
Since last year, Allegan County has remained a Seller's Market.
Allegan County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Allegan County have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Allegan County was $305,039 in January 2025, up 1.7% from last year, and the median price per square foot was $175.
Median Sold Price By Counties
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Ottawa County | $354.8K | $378.6K | +6.7% |
Kalamazoo County | $249.1K | $265K | +6.4% |
Barry County | $266.6K | $282.7K | +6.1% |
Van Buren County | $281.8K | $297.3K | +5.5% |
Allegan County | $299.9K | $305K | +1.7% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $207.5K | $223.5K | +7.7% |
22 Bedrooms | $260K | $250K | -3.8% |
33 Bedrooms | $278.8K | $285K | +2.2% |
44 Bedrooms | $346.5K | $369.7K | +6.7% |
55+ Bedrooms | $425K | $449.4K | +5.8% |
Summary: Allegan County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +7.7%. The home price for 2 bedroom homes decreased by -3.8%. The home price for 3 bedroom homes increased by +2.2%. The home price for 4 bedroom homes increased by +6.7%. The home price for 5 bedroom homes increased by +5.8%.
Housing supply in Allegan County, MI
How many homes are available in Allegan County, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
227Last MonthJan 2025 | ||
2792 months agoDec 2024 | -18.6 % Change MoMDec – Jan |
Summary: The Allegan County real estate market had 227 homes for sale in Jan 2025, a 18.6 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
54Last MonthJan 2025 | ||
992 months agoDec 2024 | -45.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 4 | 0.0% |
22 Bedrooms | 51 | 37 | -27.5% |
33 Bedrooms | 118 | 104 | -11.9% |
44 Bedrooms | 74 | 59 | -20.3% |
55+ Bedrooms | 32 | 23 | -28.1% |
Summary: Allegan County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -27.5%. The inventory for 3 bedroom homes decreased by -11.9%. The inventory for 4 bedroom homes decreased by -20.3%. The inventory for 5 bedroom homes decreased by -28.1%.
Asking Price vs. Sold Price
How much do homes in Allegan County, MI cost?
Over Asking Price11 Homes
At Asking Price8 Homes
Under Asking Price35 Homes
If you're buying a home in Allegan County, you may be able to get a good deal. 64.8% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Allegan County in January 2025, down by 45.5% month-over-month. Of the 54 sold homes, 65% were sold under asking, 15% were sold at asking, and and 20% were sold over asking.
Days on Market for Allegan County, MI
How long does it take to sell a home in Allegan County, MI?
Breakdown of Home Sale Times
Under 30 Days26 Homes
30 – 90 Days22 Homes
Over 90 Days6 Homes
Many homes in Allegan County are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 54 homes were sold in Allegan County; 48% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
45 DaysThis YearJan 2025 | ||
31 Days1 year agoJan 2024 | +47.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Allegan County had an average listing age of 45 days in Jan 2025, up by 47.9% compared to the previous year.
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Newest Listings in Allegan County, MI
What homes are available in Allegan County, MI?
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Based on information from Michigan Regional Information Center LLC, RealComp II Ltd., and MiRealSource Inc. DL for the period 02/01/2023 - 02/01/2025
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Last updated on: 2/21/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.