Genesee County, MI Real Estate Market Update – April 2025
The Genesee County housing market continues to show resilience and growth as we move into spring 2025. With increasing home values, expanding inventory, and a dynamic buyer landscape, both sellers and buyers have opportunities to capitalize on current trends.
📈 Market Overview
- Median Home Sale Price: $207,662 (up 6.4% year-over-year)
- Average Home Value: $179,286 (up 3.2% year-over-year)
- Average Days on Market: 52 days (up from 42 days last year)
- The market remains competitive, with properties appreciating steadily. However, homes are taking slightly longer to sell compared to the previous year.
🏘️ Inventory & Sales Activity
- Homes for Sale: 1,628 (up 9.4% from February 2024)
- Homes Sold in March 2025: 332 (up 5.1% month-over-month) Inventory is on the rise, offering more options for buyer. The increase in sales indicates sustained demand in the county.
💰 Pricing Dynamics
- *Homes Sold Over Asking Price: 30%
- *Homes Sold At Asking Price: 25%
- *Homes Sold Under Asking Price: 45%
While a significant portion of homes are selling below asking price, a notable percentage still command over-asking offers, reflecting competitive segments within the market.
🛏️ Price Trends by Home Size
- *1-Bedroom Homes: $53,500 (up 21.6% year-over-yar)
- *2-Bedroom Homes: $127,200 (up 20%)
- *3-Bedroom Homes: $199,700 (up 52%)
- *4-Bedroom Homes: $292,400 (up 81%)
- *5+ Bedroom Homes: $379,900 (up 105%)
Larger homes are experiencing more significant price increases, indicating strong demand for spacious properties.
🧭 Market Outlok
Genesee County is currently a seller’s market, characterized by rising prices and relatively quick sales. However, the increase in inventory provides more choices for buyers, potentially balancing the market in the coming months. Sellers should consider the competitive landscape when pricing their homes, while buyers may find opportunities, especially in segments where homes are selling below asking price.
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For those considering entering the Genesee County real estate market, staying informed on these trends is crucial. Whether buying or selling, understanding the current dynamics can help in making strategic decisions.
These are the opinions of Kyle and the data was pulled from multiple sources including, Redfin, Realtor, Zillow, and Rocket Mortgage. If you want more insights or specific numbers for a different county or more narrow results for your neighborhood please reach out!
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