How much do homes in Genesee County, MI cost?

Median List Price

$176,353

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$12,654(+7.7%)

Key Takeaway

The list price of homes in Genesee County has increased by 7.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $27.2K$50K+83.8%
2 $101.1K$109.9K+8.8%
3 $154.9K$169.7K+9.5%
4 $214.9K$249.9K+16.2%
5+ $312.4K$343.2K+9.9%

Median List Price Compared To Nearby Counties

Lapeer County
+9.4%
Livingston County
+8.9%
Saginaw County
+8.4%
Genesee County
+7.7%
Shiawassee County
0.1%

How many homes are available in Genesee County, MI?

Number of Homes For Sale

Jul 2021Aug 2021%
1,6341,701+4.1%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 1115+36.4%
2 3173170.0%
3 833887+6.5%
4 3783800.5%
5+ 95102+7.4%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
118 Days66 Days-43.3%

Breakdown of Home Sale Times

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Key Takeaway

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About Genesee County, MI

Genesee County, MI has 1,701 homes on the market. The number of homes for sale in Genesee County, MI increased by 4.1% between July 2021 and August 2021. Listings spent 66 days on the market in August 2021, and had a median list price of $176,353 during the same period. From July 2021 through August 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 83.8%, prices of 2 bedrooms properties went up by 8.8%, the cost of 3 bedrooms properties went up by 9.5%, prices of 4 bedrooms properties went up by 16.2%, 5 bedrooms properties prices increased by 9.9%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went up by 36.4%, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes increased by 6.5%, volume of 4 bedrooms homes went up by 0.5%, 5 bedrooms homes inventory increased by 7.4%. While more than 247 listings in Genesee County, MI in August 2021 were sold above asking price, there were more than 64 listings sold at asking price, and more than 137 were sold below.

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