Is Ingham County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2021
Since last year, Ingham County has remained a Seller's Market.
Key Takeaway
Ingham County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Ingham County, MI cost?
Median Sold Price
$176,146
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2021
+$10,518(+6.4%)
Key Takeaway
Homes in Ingham County have sold for 6.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Aug 2021 | Aug 2022 | % |
|---|---|---|---|
| 1 Bedroom | $67K | $85K | +26.9% |
| 2 Bedrooms | $103.3K | $112.2K | +8.7% |
| 3 Bedrooms | $161.1K | $174K | +8.0% |
| 4 Bedrooms | $250K | $283.3K | +13.3% |
| 5+ Bedrooms | $380K | $400K | +5.3% |
Median Sold Price Compared To Nearby Counties
| % | |
|---|---|
| Shiawassee County | +11.2% |
| Eaton County | +6.5% |
| Ingham County | +6.4% |
| Jackson County | +5.6% |
| Clinton County | +5.5% |
How many homes are available in Ingham County, MI?
Number of Homes For Sale
| Jul 2022 | Aug 2022 | % |
|---|---|---|
| 1,143 | 1,202 | +5.2% |
Homes For Sale By Bedroom Count
| # BEDS | Jul 2022 | Aug 2022 | % |
|---|---|---|---|
| 1 Bedroom | 17 | 20 | +17.6% |
| 2 Bedrooms | 215 | 239 | +11.2% |
| 3 Bedrooms | 573 | 575 | 0.3% |
| 4 Bedrooms | 264 | 289 | +9.5% |
| 5+ Bedrooms | 74 | 79 | +6.8% |
Number of Homes Sold
| Jul 2022 | Aug 2022 | % |
|---|---|---|
| 361 | 319 | -11.6% |
Asking Price vs. Sold Price
98 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
147 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ingham County, you could pay more than the asking price. 46.1% of homes here sold above asking price last month.
Average Sale Time
| Aug 2021 | Aug 2022 | % |
|---|---|---|
| 39 Days | 23 Days | -41.1% |
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ingham County are selling fast, if you're buying plan to act quickly.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource. 
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2022 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.