Is Genesee, MI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Genesee is a seller's market


Difference Since May 2022

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

Key Takeaway

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

How much do homes in Genesee, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Genesee have sold for 16.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
2 $130K$112.9K
3 $137.5K$123.4K
4 $162K-
5+ --

Median Sold Price Compared To Nearby Cities

Genesee Charter Township

How many homes are available in Genesee, MI?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 01
3 11
4 00
5+ 00

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Genesee, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

What housing markets are near Genesee, MI?

About Genesee, MI

Homes for sale in Genesee, MI have reached 2. Between April 2023 and May 2023, Genesee, MI real estate market has seen increase in the number of listings by 100%. From April 2023 through May 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties decreased by 13.1%, 3 bedrooms properties prices decreased by 10.3%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes became 100% more available, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes have not changed. In May 2023, from all listings sold in Genesee, MI there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.