Is Antrim County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Antrim County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114K | $107K | -6.1% |
2 Bedrooms | $240K | $225K | -6.3% |
3 Bedrooms | $231.9K | $310K | +33.6% |
4 Bedrooms | $339.7K | $400K | +17.7% |
5+ Bedrooms | $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 | $249.9K | $306K | +22.5% |
Kalkaska County | $227.7K | $258.5K | +13.5% |
Charlevoix County | $326.6K | $360K | +10.2% |
Otsego County | $240K | $247K | +2.9% |
Grand Traverse County | $423.7K | $407.1K | -3.9% |
Housing Supply in Antrim County, MI
How many homes are available in Antrim County, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
152 | 173 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 15 | +25.0% |
2 Bedrooms | 36 | 37 | +2.8% |
3 Bedrooms | 56 | 68 | +21.4% |
4 Bedrooms | 31 | 35 | +12.9% |
5+ Bedrooms | 17 | 18 | +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 2024 | May 2024 | CHANGE |
---|---|---|
34 | 30 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
45 Days | 52 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
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.