New - 5 hours on Rocket
$4,038 Closing Credit¹
Laura T Kelso, Listing Office: Kelso Homes LLC
Kent County Housing Market Report December 2024•Kent County, Michigan
Housing Prices in Kent County, MI
How much do homes in Kent County, MI cost?
Housing Market Conditions
Is Kent County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Kent County is a Seller's Market
Difference Since December 2023
Since last year, Kent County has remained a Seller's Market.
Insight
Kent County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$333,583$186/SqFt
+$18,578
+5.9%
Based on all homes sold in the last 12 months
Insight
Homes in Kent County have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Kent County was $333,583 in December 2024, up 5.9% from last year, and the median price per square foot was $186.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Newaygo County | $219K | $239.5K | +9.4% |
| Kent County | $315K | $333.5K | +5.9% |
| Ionia County | $215K | $224.8K | +4.6% |
| Montcalm County | $229K | $234.6K | +2.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $196K | $214.5K | +9.4% |
| 22 Bedrooms | $228K | $245.2K | +7.5% |
| 33 Bedrooms | $293.7K | $314.9K | +7.2% |
| 44 Bedrooms | $381K | $400.1K | +5.0% |
| 55+ Bedrooms | $549.4K | $563K | +2.5% |
Summary: Kent County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +9.4%. The home price for 2 bedroom homes increased by +7.5%. The home price for 3 bedroom homes increased by +7.2%. The home price for 4 bedroom homes increased by +5.0%. The home price for 5 bedroom homes increased by +2.5%.
Housing supply in Kent County, MI
How many homes are available in Kent County, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1,518Last MonthDec 2024 | ||
| 1,8562 months agoNov 2024 | -18.2 % Change MoMNov – Dec |
Summary: The Kent County real estate market had 1,518 homes for sale in Dec 2024, a 18.2 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 493Last MonthDec 2024 | ||
| 5752 months agoNov 2024 | -14.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 31 | 30 | -3.2% |
| 22 Bedrooms | 285 | 243 | -14.7% |
| 33 Bedrooms | 774 | 636 | -17.8% |
| 44 Bedrooms | 579 | 466 | -19.5% |
| 55+ Bedrooms | 187 | 143 | -23.5% |
Summary: Kent County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -3.2%. The inventory for 2 bedroom homes decreased by -14.7%. The inventory for 3 bedroom homes decreased by -17.8%. The inventory for 4 bedroom homes decreased by -19.5%. The inventory for 5 bedroom homes decreased by -23.5%.
Asking Price vs. Sold Price
How much do homes in Kent County, MI cost?
Over Asking Price148 Homes
At Asking Price93 Homes
Under Asking Price252 Homes
Insight
If you're buying a home in Kent County, you may be able to get a good deal. 51.1% of homes here sold below asking price last month.
Summary: A total of 493 homes were sold or pending in Kent County in December 2024, down by 14.3% month-over-month. Of the 493 sold homes, 51% were sold under asking, 19% were sold at asking, and and 30% were sold over asking.
Days on Market for Kent County, MI
How long does it take to sell a home in Kent County, MI?
Breakdown of Home Sale Times
Under 30 Days327 Homes
30 – 90 Days128 Homes
Over 90 Days38 Homes
Insight
Many homes in Kent County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 493 homes were sold in Kent County; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 30 DaysThis YearDec 2024 | ||
| 28 Days1 year agoDec 2023 | +8.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Kent County had an average listing age of 30 days in Dec 2024, up by 8.4% compared to the previous year.
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Newest Listings in Kent County, MI
What homes are available in Kent County, MI?
New - 7 hours on Rocket
$2,434 Closing Credit¹
Kevin Wright, Listing Office: Qwest Realty Consultants
New - 8 hours on Rocket
$7,695 Closing Credit¹
Robert A Antonini, Listing Office: Coldwell Banker AJS (SE)
New - 8 hours on Rocket
$2,613 Closing Credit¹
Daniel Mehney, Listing Office: Greenridge Realty (EGR)
New - 8 hours on Rocket
$3,028 Closing Credit¹
Derrek Sterken, Hunter J Maat, Listing Office: Coldwell Banker Woodland Schmidt ART Office, Bellabay Realty LLC
New - 9 hours on Rocket
$2,613 Closing Credit¹
Gina Todd, Timothy J Todd, Listing Office: Target Realty Group LLC
New - 9 hours on Rocket
$4,144 Closing Credit¹
Joseph S Long, Listing Office: Richter Company
New - 10 hours on Rocket
$10,000 Closing Credit¹
Tracie Rich, Thomas J Rich II, Listing Office: RE/MAX United (Main), RE/MAX United (Beltline)
New - 10 hours on Rocket
$2,849 Closing Credit¹
Darryl A Matthews Jr, Listing Office: Keller Williams GR East
New - 11 hours on Rocket
$2,018 Closing Credit¹
Emmett C TerBeek, Listing Office: Five Star Real Estate (Rock)
New - 11 hours on Rocket
$2,374 Closing Credit¹
Mitchell D Luban, Listing Office: Edison Brokers & Co LLC
New - 11 hours on Rocket
$5,047 Closing Credit¹
Jo Cook, Listing Office: RE/MAX, The Collective Agency
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Based on information from RealComp II Ltd., Michigan Regional Information Center LLC, MiRealSource Inc. DL, Northern Michigan MLS, and Northern Great Lakes Realtors MLS for the period 01/01/2023 - 01/01/2025
Disclaimer: 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. IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Last updated on: 1/17/2025, 11:21:06 PM 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: 1/17/2025, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. 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. 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: 1/17/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.