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

Housing Market Conditions



Gauge showing Mason County is a neutral's market


Difference Since March 2023

At the same time last year, Mason County was a Seller's Market.

Key Takeaway

Mason County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mason County, MI

How much do homes in Mason County, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Mason County have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Mason County was $250,000 in March 2024, up 5.3% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $75K$190K
2 $191.7K$197K
3 $235K$257.5K
4 $315K$321.5K
5+ $341.5K$450K

Summary: Mason County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 153.3%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 31.8%.

Median Sold Price Compared To Nearby Counties

Lake County
Manistee County
Oceana County
Mason County

Housing Supply in Mason County, MI

How many homes are available in Mason County, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Mason County real estate market had 103 homes for sale in March 2024, a 3.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
2 1718
3 5052
4 2121
5+ 1010

Summary: The Mason County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason County, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in Mason County in March 2024, down by 11.1% month-over-month. Of the 16 sold homes, 31% were sold under asking, 44% were sold at asking, and 25% were sold over asking.

Days on Market for Mason County, MI

How long does it take to sell a home in Mason County, MI?

Average Sale Time

Mar 2023Mar 2024CHANGE
70 Days23 Days-66.2%

Summary: Homes in Mason County had an average of 23 days on market in Mar 2024, down by 66.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mason County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 16 homes were sold in Mason County; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in Mason County, MI

Nearby Markets to Mason County, MI

What housing markets are near Mason County, MI?