How much do homes in Lenawee County, MI cost?

Median List Price

$174,934

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$15,069(+9.4%)

Key Takeaway

The list price of homes in Lenawee County has increased by 9.4% 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 $67K$79.9K+19.4%
2 $125K$134.9K+8.0%
3 $157.2K$169.9K+8.0%
4 $189.4K$205K+8.2%
5+ $187.7K$234.9K+25.1%

Median List Price Compared To Nearby Counties

Fulton County
+17.2%
Washtenaw County
+9.6%
Lenawee County
+9.4%
Jackson County
+6.4%
Hillsdale County
+2.8%

How many homes are available in Lenawee County, MI?

Number of Homes For Sale

Jul 2021Aug 2021%
407444+9.1%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 24+100.0%
2 5862+6.9%
3 209232+11.0%
4 109115+5.5%
5+ 2931+6.9%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
124 Days60 Days-51.9%

Breakdown of Home Sale Times

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Key Takeaway

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About Lenawee County, MI

Number of homes for sale in Lenawee County, MI real estate market have reached 444. In August 2021 in Lenawee County, MI there were 9.1% more homes for sale than in July 2021. Listings spent 60 days on the market in August 2021, and had a median list price of $174,934 during the same period. Between July 2021 and August 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 19.4% more expensive, prices of 2 bedrooms properties went up by 8%, the cost of 3 bedrooms properties went up by 8%, prices of 4 bedrooms properties increased by 8.2%, prices of 5 bedrooms properties increased by 25.1%. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 100%, the quantity of 2 bedrooms homes went up by 6.9%, 3 bedrooms homes inventory increased by 11%, number of 4 bedrooms homes increased by 5.5%, the quantity of 5 bedrooms homes went up by 6.9%. Over 45 listings were sold over their listed price in August 2021 in Lenawee County, MI. In the same period over 33 listings were sold below the listed price and 26 listings were sold for the listed price.

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