#25005468, Mary B Buckius, Steven Pettit, Listing Office: Keller Williams GR East
Cedar Springs Housing Market Report January 2025•Kent County, Michigan
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?
Seller'sMarket
Buyer'sMarket
Cedar Springs is a Seller's Market
Difference Since January 2024
Since last year, Cedar Springs has remained a Seller's Market.
Cedar Springs 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 Cedar Springs have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Cedar Springs was $329,107 in January 2025, up 13.5% from last year, and the median price per square foot was $178.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Cedar Springs | $290K | $329.1K | +13.5% |
Nelson Township | $293.7K | $317.9K | +8.2% |
Solon Township | $302K | $322K | +6.6% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $300K | $177K | -41.0% |
22 Bedrooms | $208.2K | $200K | -4.0% |
33 Bedrooms | $280K | $310K | +10.7% |
44 Bedrooms | $319.9K | $340.7K | +6.5% |
55+ Bedrooms | $415K | $446.5K | +7.6% |
Summary: Cedar Springs housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -41.0%. The home price for 2 bedroom homes decreased by -4.0%. The home price for 3 bedroom homes increased by +10.7%. The home price for 4 bedroom homes increased by +6.5%. The home price for 5 bedroom homes increased by +7.6%.
Housing supply in Cedar Springs, MI
How many homes are available in Cedar Springs, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
40Last MonthJan 2025 | ||
532 months agoDec 2024 | -24.5 % Change MoMDec – Jan |
Summary: The Cedar Springs real estate market had 40 homes for sale in Jan 2025, a 24.5 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthJan 2025 | ||
212 months agoDec 2024 | -47.6 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 2 | +100.0% |
33 Bedrooms | 27 | 17 | -37.0% |
44 Bedrooms | 23 | 20 | -13.0% |
55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Cedar Springs 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 increased by +100.0%. The inventory for 3 bedroom homes decreased by -37.0%. The inventory for 4 bedroom homes decreased by -13.0%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Cedar Springs, MI cost?
Over Asking Price4 Homes
At Asking Price4 Homes
Under Asking Price3 Homes
If you're buying a home in Cedar Springs, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Cedar Springs in January 2025, down by 47.6% month-over-month. Of the 11 sold homes, 27% were sold under asking, 36% were sold at asking, and and 36% 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 Days6 Homes
30 – 90 Days2 Homes
Over 90 Days3 Homes
Many homes in Cedar Springs are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 11 homes were sold in Cedar Springs; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
41 DaysThis YearJan 2025 | ||
16 Days1 year agoJan 2024 | +150.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Cedar Springs had an average listing age of 41 days in Jan 2025, up by 150.2% 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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MLS Disclaimers and Copyright
Based on information from Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 02/01/2023 - 02/01/2025
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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: 2/20/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.