Michigan Housing Market – July 2025

The Michigan housing market in July 2025 continues to show steady strength, with opportunities for both home buyers and sellers. Whether you’re in West Michigan, Metro Detroit, or anywhere in between, understanding current trends can help you make informed real estate decisions.

July 2025 Michigan Housing Market Highlights

• Median Sale Price: $292,600 — up 5.6% year-over-year

• Days on Market: Homes sell in a median of 24 days

• Inventory: Active listings are up 9.2%, with over 40,000 homes for sale statewide

• Competition: 36.3% of homes sold above list price, while 33.5% had price drops

West Michigan Housing Market Trends

Cities like Grand Rapids, Holland, and Muskegon continue to see strong demand, particularly for single-family homes in move-in-ready condition. Many buyers are relocating from other states, keeping competition healthy. Even with more listings available, desirable properties in popular neighborhoods often receive multiple offers within days.

Tip for West Michigan Buyers: Be ready to tour quickly and make competitive offers, especially for homes under $350,000.

Tip for West Michigan Sellers: Highlight proximity to Lake Michigan, community amenities, and recent updates to attract out-of-town buyers.

Metro Detroit Housing Market Trends

In Oakland, Wayne, and Macomb counties, activity picked up in July with increased pending sales and strong interest in suburban properties. Many buyers are expanding their search radius to get more space for their budget.

Tip for Metro Detroit Buyers: Consider areas just outside major job hubs for better value while still maintaining a reasonable commute.

Tip for Metro Detroit Sellers: Staging and professional photography are key to standing out in a more competitive suburban market.

What This Means for Michigan Home Buyers

With more Michigan homes for sale, buyers have a wider selection to choose from. While competition has eased compared to last year, attractive properties still sell fast—so getting pre-approved and working with a trusted agent is essential.

What This Means for Michigan Home Sellers

The Michigan housing market still favors sellers. With high demand and rising prices, well-priced homes are likely to get strong offers. Professional photos, online exposure, and proper staging can help you maximize your sale.

Start Your Michigan Home Search

Ready to buy or sell in Michigan? I provide tailored market analyses, expert negotiation, and top-tier marketing tools to help you succeed in today’s market.

🔍 Search homes here: allisonolsenrealtor.sites.c21.homes
📊 Read more about market trends: Michigan Association of Realtors