Is Antrim County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Antrim County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Antrim County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Antrim County, MI

How much do homes in Antrim County, MI cost?

Median Sold Price

$306,083

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$56,183(+22.5%)

Key Takeaway

Homes in Antrim County have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in Antrim County was $306,083 in May 2024, up 22.5% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $114K$107K
-6.1%
2 $240K$225K
-6.3%
3 $231.9K$310K
+33.6%
4 $339.7K$400K
+17.7%
5+ $577.5K$754.7K
+30.7%

Summary: Antrim County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 33.6%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 30.7%.

Median Sold Price Compared To Nearby Counties

Antrim County
+22.5%
Kalkaska County
+13.5%
Charlevoix County
+10.2%
Otsego County
+2.9%
Grand Traverse County
-3.9%

Housing Supply in Antrim County, MI

How many homes are available in Antrim County, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
152173+13.8%

Summary: The Antrim County real estate market had 173 homes for sale in May 2024, a 13.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1215
+25.0%
2 3637
+2.8%
3 5668
+21.4%
4 3135
+12.9%
5+ 1718
+5.9%

Summary: The Antrim County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3430-11.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Antrim County, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Antrim County in May 2024, down by 11.8% month-over-month. Of the 29 sold homes, 38% were sold under asking, 38% were sold at asking, and 24% were sold over asking.

Days on Market for Antrim County, MI

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

Average Sale Time

May 2023May 2024CHANGE
45 Days52 Days+14.4%

Summary: Homes in Antrim County had an average of 52 days on market in May 2024, up by 14.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 30 homes were sold in Antrim County; 23% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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