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

$183,000

$128/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$19,000(+11.6%)

Key Takeaway

Homes in Delta County have sold for 11.6% more than they did a month ago.

Summary: The median home sold price in Delta County was $183,000 in October 2024, up 11.6% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$203K
N/A
2 $153.5K$194.9K
+27.0%
3 $182K$168K
-7.7%
4 $239K$244K
+2.1%
5+ $185K$134.6K
-27.2%

Summary: Delta County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 27.2%.

Median Sold Price Compared To Nearby Counties

Delta County
+11.6%
Alger County
+2.4%
Marquette County
-2.2%
Schoolcraft County
-25.9%

Housing Supply in Delta County, MI

How many homes are available in Delta County, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
119136+14.3%

Summary: The Delta County real estate market had 136 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 2626
0.0%
3 4859
+22.9%
4 2931
+6.9%
5+ 1115
+36.4%

Summary: The Delta County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 36.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2933+13.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delta County, expect to pay close to the asking price. 42.4% of homes here sold near the asking price last month.

Summary: A total of 33 homes were sold or pending in Delta County in October 2024, up by 13.8% month-over-month. Of the 33 sold homes, 39% were sold under asking, 42% were sold at asking, and 18% 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

Sep 2024Oct 2024CHANGE
23 Days43 Days+86.8%

Summary: Homes in Delta County had an average of 43 days on market in Oct 2024, up by 86.8% compared to last month.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

7 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 October 2024, 33 homes were sold in Delta County; 61% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 21% 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 22 Days Ago

Newest Listings in Delta County, MI

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