DeWitt Housing Market Report January 2025Clinton County, Michigan

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Housing Prices in DeWitt, MI

How much do homes in DeWitt, MI cost?

Housing Market Conditions

Is DeWitt, 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

DeWitt is a Seller's Market

Difference Since January 2024

At the same time last year, DeWitt was a Buyer's Market.

Insight

DeWitt 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.
$380,000$163/SqFt
+$16,050
+4.4%

Based on all homes sold in the last 12 months

Insight

Homes in DeWitt have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in DeWitt was $380,000 in January 2025, up 4.4% from last year, and the median price per square foot was $163.

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
DeWitt Charter Township
+4.9%
DeWitt
+4.4%

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.
BedsJan 2024Jan 2025Change YoY
1$189K-
N/A
2$221.5K$225K
+1.6%
3$293K$325K
+10.9%
4$402.5K$409.4K
+1.7%
5$505K$500K
-1.0%

Summary: DeWitt housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.6%. The home price for 3 bedroom homes increased by +10.9%. The home price for 4 bedroom homes increased by +1.7%. The home price for 5 bedroom homes decreased by -1.0%.

Housing supply in DeWitt, MI

How many homes are available in DeWitt, 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
47Last MonthJan 2025
382 months agoDec 2024
+23.7 %
Change MoMDec – Jan

Summary: The DeWitt real estate market had 47 homes for sale in Jan 2025, a 23.7 % increase compared to Dec 2024.

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
10Last MonthJan 2025
62 months agoDec 2024
+66.7 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
245
+25.0%
31318
+38.5%
41718
+5.9%
546
+50.0%

Summary: DeWitt 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 +25.0%. The inventory for 3 bedroom homes increased by +38.5%. The inventory for 4 bedroom homes increased by +5.9%. The inventory for 5 bedroom homes increased by +50.0%.

Asking Price vs. Sold Price

How much do homes in DeWitt, 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 Price2 Homes

At Asking Price4 Homes

Under Asking Price4 Homes

Insight

If you're buying a home in DeWitt, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in DeWitt in January 2025, up by 66.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and and 20% were sold over asking.

Days on Market for DeWitt, MI

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

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

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

Summary: During January 2025, 10 homes were sold in DeWitt; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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
28 DaysThis YearJan 2025
34 Days1 year agoJan 2024
-17.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in DeWitt had an average listing age of 28 days in Jan 2025, down by 17.9% compared to the previous year.

Newest Listings in DeWitt, MI

What homes are available in DeWitt, MI?

MLS Disclaimers and Copyright

Based on information from Greater Lansing MLS, for the period 02/01/2023 - 02/01/2025

IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.