$99,000
22.43 Acres
Land
Laura Veersma, Listing Office: Big Rapids Realty
Is Mecosta County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Mecosta County was a Seller's Market.
Key Takeaway
Mecosta County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mecosta County, MI
How much do homes in Mecosta County, MI cost?
Median Sold Price
$239,766
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,766(+12.0%)
Key Takeaway
Homes in Mecosta County have sold for 12% more than they did a year ago.
Summary: The median home sold price in Mecosta County was $239,766 in November 2024, up 12% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $110K | -15.4% |
| 2 Bedrooms | $148.8K | $145K | -2.6% |
| 3 Bedrooms | $219K | $235K | +7.3% |
| 4 Bedrooms | $275K | $290K | +5.5% |
| 5+ Bedrooms | $342.5K | $294.9K | -13.9% |
Summary: Mecosta County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 13.9%.
Median Sold Price Compared To Nearby Counties
| Mecosta County | $214K | $239.7K | +12.0% |
| Osceola County | $165K | $183K | +10.9% |
| Isabella County | $176.9K | $194K | +9.7% |
| Newaygo County | $216K | $236.8K | +9.6% |
| Montcalm County | $225K | $229.9K | +2.2% |
Housing Supply in Mecosta County, MI
How many homes are available in Mecosta County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 229 | 219 | -4.4% |
Summary: The Mecosta County real estate market had 219 homes for sale in November 2024, a 4.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 41 | 40 | -2.4% |
| 3 Bedrooms | 100 | 92 | -8.0% |
| 4 Bedrooms | 56 | 56 | 0.0% |
| 5+ Bedrooms | 27 | 29 | +7.4% |
Summary: The Mecosta County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 27 | -47.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mecosta County, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Mecosta County in November 2024, down by 47.1% month-over-month. Of the 27 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% were sold over asking.
Days on Market for Mecosta County, MI
How long does it take to sell a home in Mecosta County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 28 Days | -33.8% |
Summary: Homes in Mecosta County had an average of 28 days on market in Nov 2024, down by 33.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mecosta County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in Mecosta County; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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