Jenison Housing Market Report February 2025•Ottawa County, Michigan

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Housing Prices in Jenison, MI

How much do homes in Jenison, MI cost?

Housing Market Conditions

Is Jenison, 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

Jenison is a Seller's Market

Difference Since February 2024

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

Insight

Jenison 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.
$348,166$174/SqFt
+$3,166
+0.9%

Based on all homes sold in the last 12 months

Insight

Homes in Jenison have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Jenison was $348,166 in February 2025, up 0.9% from last year, and the median price per square foot was $174.

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
Hudsonville
+3.8%
Georgetown Charter Township
+2.4%
Grandville
+2.0%
Jenison
+0.9%
Tallmadge Charter Township
-7.3%

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.
BedsFeb 2024Feb 2025Change YoY
1-$220K
N/A
2$203K$250.7K
+23.5%
3$329.9K$335.9K
+1.8%
4$375K$388K
+3.5%
5$419K$459.9K
+9.8%

Summary: Jenison housing price by bedroom type for February 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 +23.5%. The home price for 3 bedroom homes increased by +1.8%. The home price for 4 bedroom homes increased by +3.5%. The home price for 5 bedroom homes increased by +9.8%.

Housing supply in Jenison, MI

How many homes are available in Jenison, 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
49Last MonthFeb 2025
472 months agoJan 2025
+4.3 %
Change MoMJan – Feb

Summary: The Jenison real estate market had 49 homes for sale in Feb 2025, a 4.3 % increase compared to Jan 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
15Last MonthFeb 2025
72 months agoJan 2025
+114.3 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
110
-100.0%
288
0.0%
31317
+30.8%
41416
+14.3%
5118
-27.3%

Summary: Jenison housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +30.8%. The inventory for 4 bedroom homes increased by +14.3%. The inventory for 5 bedroom homes decreased by -27.3%.

Asking Price vs. Sold Price

How much do homes in Jenison, 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 Price4 Homes

At Asking Price4 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in Jenison, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Jenison in February 2025, up by 114.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and and 27% were sold over asking.

Days on Market for Jenison, MI

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

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days5 Homes

Over 90 Days1 Home

Insight

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

Summary: During February 2025, 15 homes were sold in Jenison; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% 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
26 DaysThis YearFeb 2025
50 Days1 year agoFeb 2024
-46.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Jenison had an average listing age of 26 days in Feb 2025, down by 46.9% compared to the previous year.

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Newest Listings in Jenison, MI

What homes are available in Jenison, MI?

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Nearby markets

Popular Cities with Homes for Sale in Michigan

MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., and Michigan Regional Information Center LLC for the period 03/01/2023 - 03/01/2025

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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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: 3/8/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. 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: 3/8/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.