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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Isabella County is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Isabella County, MI cost?

Median Sold Price

$169,424

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$19,424(+12.9%)

Key Takeaway

Homes in Isabella County have sold for 12.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $63.4K$91.5K
+44.2%
2 $111.2K$125K
+12.4%
3 $145K$160.6K
+10.8%
4 $210K$212K
+1.0%
5+ $300K$300K
0.0%

Median Sold Price Compared To Nearby Counties

Midland County
+16.8%
Gratiot County
+14.6%
Clare County
+13.7%
Isabella County
+12.9%
Mecosta County
+10.9%

How many homes are available in Isabella County, MI?

Number of Homes For Sale

Aug 2022Sep 2022%
236219-7.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 33
0.0%
2 3736
-2.7%
3 11298
-12.5%
4 6160
-1.6%
5+ 2322
-4.3%

Number of Homes Sold

Aug 2022Sep 2022%
5961+3.4%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Isabella County, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
65 Days66 Days+1.6%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Isabella County, MI

Isabella County, MI has 219 homes for sale to choose from. Between August 2022 and September 2022, Isabella County, MI real estate market has seen decrease in the number of listings by 7.2%. In September 2022, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $169,424. This housing market listing prices have changed between August 2022 and September 2022: 1 bedroom properties prices increased by 44.2%, 2 bedrooms properties prices increased by 12.4%, 3 bedrooms properties became 10.8% more expensive, prices of 4 bedrooms properties increased by 1%, the cost of 5 bedrooms properties have not changed. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 2.7%, 3 bedrooms homes inventory decreased by 12.5%, volume of 4 bedrooms homes went down by 1.6%, the quantity of 5 bedrooms homes went down by 4.3%. Isabella County, MI housing market in September 2022 saw over 15 listings sold above listed price, more than 11 sold at listed price and over 34 sold below.

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