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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crawford County is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Crawford County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Crawford County, MI cost?

Median Sold Price

$150,000

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$6,000(+4.2%)

Key Takeaway

Homes in Crawford County have sold for 4.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $70K$130K
+85.7%
2 $99K$130K
+31.3%
3 $144.5K$152.5K
+5.5%
4 $254.4K$255K
0.2%
5+ $169K$405K
+139.6%

Median Sold Price Compared To Nearby Counties

Oscoda County
+31.8%
Otsego County
+22.9%
Roscommon County
+9.8%
Montmorency County
+8.2%
Crawford County
+4.2%

How many homes are available in Crawford County, MI?

Number of Homes For Sale

Jul 2022Aug 2022%
9398+5.4%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 63
-50.0%
2 2632
+23.1%
3 4644
-4.3%
4 1216
+33.3%
5+ 33
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
1720+17.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crawford County, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
58 Days30 Days-47.1%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Crawford County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Crawford County, MI

Crawford County, MI has 98 homes for sale to choose from. The number of homes for sale in Crawford County, MI increased by 5.4% between July 2022 and August 2022. In August 2022, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $150,000. Real estate listing prices changed between July 2022 and August 2022: the cost of 1 bedroom properties went up by 85.7%, prices of 2 bedrooms properties increased by 31.3%, 3 bedrooms properties prices increased by 5.5%, 4 bedrooms properties became 0.2% more expensive, 5 bedrooms properties became 139.6% more expensive. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 50%, the quantity of 2 bedrooms homes went up by 23.1%, number of 3 bedrooms homes decreased by 4.3%, 4 bedrooms homes inventory increased by 33.3%, volume of 5 bedrooms homes stayed the same. In August 2022 more than 7 listings in Crawford County, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 11 were sold below.

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