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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delta County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Delta County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Delta County, MI

How much do homes in Delta County, MI cost?

Median Sold Price

$181,500

$113/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$12,500(+7.4%)

Key Takeaway

Homes in Delta County have sold for 7.4% more than they did a month ago.

Summary: The median home sold price in Delta County was $181,500 in December 2024, up 7.4% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $172.5K$132K
-23.5%
3 $159K$217.4K
+36.8%
4 $171.5K$239K
+39.4%
5+ $255.5K-
N/A

Summary: Delta County housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 39.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Delta County
+7.4%
Marquette County
-8.8%
Alger County
-28.9%
Schoolcraft County
-40.3%

Housing Supply in Delta County, MI

How many homes are available in Delta County, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
122104-14.8%

Summary: The Delta County real estate market had 104 homes for sale in December 2024, a 14.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 46
+50.0%
2 2219
-13.6%
3 5246
-11.5%
4 3228
-12.5%
5+ 125
-58.3%

Summary: The Delta County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 58.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3424-29.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delta County, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Delta County in December 2024, down by 29.4% month-over-month. Of the 24 sold homes, 42% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Delta County, MI

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

Average Sale Time

Nov 2024Dec 2024CHANGE
20 Days29 Days+46.6%

Summary: Homes in Delta County had an average of 29 days on market in Dec 2024, up by 46.6% compared to last month.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Delta County are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 24 homes were sold in Delta County; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 8% 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 2 Days Ago

Newest Listings in Delta County, MI

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