Cedar Springs Housing Market Report May 2025•Kent County, Michigan

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Housing Prices in Cedar Springs, MI

How much do homes in Cedar Springs, MI cost?

Housing Market Conditions

Is Cedar Springs, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Cedar Springs is a Seller's Market

Difference Since May 2024

Since last year, Cedar Springs has remained a Seller's Market.

Insight

Cedar Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$339,865$185/SqFt
+$34,865
+11.4%

Based on all homes sold in the last 12 months

Insight

Homes in Cedar Springs have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Cedar Springs was $339,865 in May 2025, up 11.4% from last year, and the median price per square foot was $185.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Nelson Township
+11.6%
Cedar Springs
+11.4%
Solon Township
+11.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$177K$185K
+4.5%
2$210K$255K
+21.4%
3$294K$326.1K
+10.9%
4$339.9K$346.7K
+2.0%
5$433.5K$434K
0.1%

Summary: Cedar Springs housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.5%. The home price for 2 bedroom homes increased by +21.4%. The home price for 3 bedroom homes increased by +10.9%. The home price for 4 bedroom homes increased by +2.0%. The home price for 5 bedroom homes increased by 0.1%.

How does Cedar Springs, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Cedar Springs, MI

Housing supply in Cedar Springs, MI

How many homes are available in Cedar Springs, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
55Last MonthMay 2025
502 months agoApr 2025
+10.0 %
Change MoMApr – May

Summary: The Cedar Springs real estate market had 55 homes for sale in May 2025, a 10.0 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
16Last MonthMay 2025
162 months agoApr 2025
0.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
101
+100.0%
222
0.0%
31722
+29.4%
42726
-3.7%
544
0.0%

Summary: Cedar Springs housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +29.4%. The inventory for 4 bedroom homes decreased by -3.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Cedar Springs, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price9 Homes

At Asking Price3 Homes

Under Asking Price4 Homes

Insight

If you're buying a home in Cedar Springs, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Cedar Springs in May 2025, the same as the previous month. Of the 16 sold homes, 25% were sold under asking, 19% were sold at asking, and and 56% were sold over asking.

Days on Market for Cedar Springs, MI

How long does it take to sell a home in Cedar Springs, MI?

Breakdown of Home Sale Times

Under 30 Days15 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Cedar Springs are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 16 homes were sold in Cedar Springs; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
8 DaysThis YearMay 2025
13 Days1 year agoMay 2024
-36.3 %
Change YoYMay 2024 – May 2025

Summary: Homes in Cedar Springs had an average listing age of 8 days in May 2025, down by 36.3% compared to the previous year.

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Newest Listings in Cedar Springs, MI

What homes are available in Cedar Springs, MI?

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Nearby markets

Popular Cities with Homes for Sale in Michigan

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Based on information from Michigan Regional Information Center LLC, RealComp II Ltd., and MiRealSource Inc. DL for the period 06/01/2023 - 06/01/2025

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Last updated on: 6/24/2025, 8:40:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 6/24/2025, 8:45:31 AM 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: 6/24/2025, 8:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.