Iosco County Housing Market Report March 2025•Iosco County, Michigan

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Housing Prices in Iosco County, MI

How much do homes in Iosco County, MI cost?

Housing Market Conditions

Is Iosco County, 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

Iosco County is a Buyer's Market

Difference Since March 2024

At the same time last year, Iosco County was a Seller's Market.

Insight

Iosco County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$185,375$141/SqFt
+$17,875
+10.7%

Based on all homes sold in the last 12 months

Insight

Homes in Iosco County have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Iosco County was $185,375 in March 2025, up 10.7% from last year, and the median price per square foot was $141.

Median Sold Price By Counties

Median Sold Price By Counties
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
Ogemaw County
+19.6%
Iosco County
+10.7%
Arenac County
+7.7%
Alcona County
+3.3%

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.
BedsMar 2024Mar 2025Change YoY
1$77.5K$90.2K
+16.5%
2$149.5K$160K
+7.0%
3$170.5K$180.5K
+5.9%
4$245K$322K
+31.4%
5$255K$247.8K
-2.8%

Summary: Iosco County housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +16.5%. The home price for 2 bedroom homes increased by +7.0%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes increased by +31.4%. The home price for 5 bedroom homes decreased by -2.8%.

How does Iosco County, MI compare with other places?

Market comparison tool

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

Iosco County, MI

Housing supply in Iosco County, MI

How many homes are available in Iosco County, 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
114Last MonthMar 2025
1092 months agoFeb 2025
+4.6 %
Change MoMFeb – Mar

Summary: The Iosco County real estate market had 114 homes for sale in Mar 2025, a 4.6 % increase compared to Feb 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 MonthMar 2025
232 months agoFeb 2025
-30.4 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
122
0.0%
23232
0.0%
36060
0.0%
41217
+41.7%
533
0.0%

Summary: Iosco County housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +41.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Iosco County, 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 Price1 Home

At Asking Price3 Homes

Under Asking Price11 Homes

Insight

If you're buying a home in Iosco County, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Iosco County in March 2025, down by 30.4% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and and 7% were sold over asking.

Days on Market for Iosco County, MI

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days8 Homes

Over 90 Days6 Homes

Insight

Avg time on Rocket Homes in Iosco County has remained consistent over time.

Summary: During March 2025, 16 homes were sold in Iosco County; 6% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 38% 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
130 DaysThis YearMar 2025
93 Days1 year agoMar 2024
+39.4 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Iosco County had an average listing age of 130 days in Mar 2025, up by 39.4% compared to the previous year.

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Newest Listings in Iosco County, MI

What homes are available in Iosco County, MI?

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Nearby markets

Popular Cities with Homes for Sale in Michigan

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Based on information from Northern Great Lakes Realtors MLS, RealComp II Ltd., Water Wonderland MLS Inc., MiRealSource Inc. DL, and Northern Michigan MLS for the period 04/01/2023 - 04/01/2025

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Last updated on: 4/28/2025, 5:20:50 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: 4/28/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 12:50:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 NM-MLS. 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: 4/28/2025, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.