New - 1 day on RocketVideo tour
$7,005 Closing Credit¹
#71025006110, Justin Malek, Listing Office: Nexes Realty Muskegon
Norton Shores Housing Market Report January 2025•Muskegon County, Michigan
Housing Prices in Norton Shores, MI
How much do homes in Norton Shores, MI cost?
Housing Market Conditions
Is Norton Shores, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Norton Shores is a Seller's Market
Difference Since January 2024
Since last year, Norton Shores has remained a Seller's Market.
Insight
Norton Shores is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$272,500$156/SqFt
+$22,000
+8.8%
Based on all homes sold in the last 12 months
Insight
Homes in Norton Shores have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Norton Shores was $272,500 in January 2025, up 8.8% from last year, and the median price per square foot was $156.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Muskegon Heights | $77.2K | $86K | +11.3% |
| Norton Shores | $250.5K | $272.5K | +8.8% |
| Roosevelt Park | $215K | $230K | +7.0% |
| Muskegon | $178.2K | $189.5K | +6.3% |
| Fruitport Charter Township | $314.3K | $310.6K | -1.2% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $120K | $98.7K | -17.7% |
| 22 Bedrooms | $185K | $190K | +2.7% |
| 33 Bedrooms | $241K | $262.5K | +8.9% |
| 44 Bedrooms | $292.7K | $369.9K | +26.4% |
| 55+ Bedrooms | $480K | $490K | +2.1% |
Summary: Norton Shores housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -17.7%. The home price for 2 bedroom homes increased by +2.7%. The home price for 3 bedroom homes increased by +8.9%. The home price for 4 bedroom homes increased by +26.4%. The home price for 5 bedroom homes increased by +2.1%.
Housing supply in Norton Shores, MI
How many homes are available in Norton Shores, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 88Last MonthJan 2025 | ||
| 982 months agoDec 2024 | -10.2 % Change MoMDec – Jan |
Summary: The Norton Shores real estate market had 88 homes for sale in Jan 2025, a 10.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthJan 2025 | ||
| 292 months agoDec 2024 | -27.6 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 17 | 21 | +23.5% |
| 33 Bedrooms | 50 | 43 | -14.0% |
| 44 Bedrooms | 19 | 16 | -15.8% |
| 55+ Bedrooms | 11 | 7 | -36.4% |
Summary: Norton Shores 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 +23.5%. The inventory for 3 bedroom homes decreased by -14.0%. The inventory for 4 bedroom homes decreased by -15.8%. The inventory for 5 bedroom homes decreased by -36.4%.
Asking Price vs. Sold Price
How much do homes in Norton Shores, MI cost?
Over Asking Price3 Homes
At Asking Price3 Homes
Under Asking Price15 Homes
Insight
If you're buying a home in Norton Shores, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Norton Shores in January 2025, down by 27.6% month-over-month. Of the 21 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.
Days on Market for Norton Shores, MI
How long does it take to sell a home in Norton Shores, MI?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days12 Homes
Over 90 Days3 Homes
Insight
Avg time on Rocket Homes in Norton Shores has remained consistent over time.
Summary: During January 2025, 21 homes were sold in Norton Shores; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 49 DaysThis YearJan 2025 | ||
| 35 Days1 year agoJan 2024 | +40.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Norton Shores had an average listing age of 49 days in Jan 2025, up by 40.7% compared to the previous year.
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Newest Listings in Norton Shores, MI
What homes are available in Norton Shores, MI?
New - 2 days on Rocket
$1,424 Closing Credit¹
#71025005941, Jon Parsons, Listing Office: Greenridge Realty Muskegon
New - 6 days on Rocket
$4,038 Closing Credit¹
#65025005644, Cathy Nyboer, Listing Office: Five Star Real Estate (Grandv)
Video tour
$2,791 Closing Credit¹
#71025004850, Patti Styburski, Randal Styburski, Listing Office: Five Star Real Estate GH
Video tour
$5,818 Closing Credit¹
#71025004688, Sandi L Gentry, Listing Office: RE/MAX Lakeshore
$6,175 Closing Credit¹
#71025003921, Steve Mastella, Listing Office: Core Realty Partners LLC
Video tour
$10,000 Closing Credit¹
#71025003350, Daniel Paul Baglien, Listing Office: Five Star Real Estate
$5,295 Closing Credit¹
#65025003135, Timothy J VandenToorn, Listing Office: United Realty Services LLC
$3,264 Closing Credit¹
#65025002824, Joel Horst, Listing Office: Bellabay Realty LLC
Video tour
$5,224 Closing Credit¹
#25002733, Jen Wakely, Listing Office: Core Realty Partners LLC
Video tour
$4,749 Closing Credit¹
#71025000442, Clarence S Colegrove, Listing Office: TrenSyd Realty LLC
$3,918 Closing Credit¹
#71025000267, Barbara Holt, Listing Office: Five Star Real Estate
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and Michigan Regional Information Center LLC for the period 02/01/2023 - 02/01/2025
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.
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: 2/21/2025, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 2/20/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.