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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delta County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Delta County was a Neutral Market.

Key Takeaway

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

Housing Prices in Delta County, MI

How much do homes in Delta County, MI cost?

Median Sold Price

$179,750

$116/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$61,750(+52.3%)

Key Takeaway

Homes in Delta County have sold for 52.3% more than they did a month ago.

Summary: The median home sold price in Delta County was $179,750 in April 2024, up 52.3% from last month, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $120K$216.2K
+80.2%
3 -$160.5K
N/A
4 $110.2K$235K
+113.2%
5+ $108K$328.2K
+203.9%

Summary: Delta County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 80.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 113.2%, and 5+ bedroom homes increased by 203.9%.

Housing Supply in Delta County, MI

How many homes are available in Delta County, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3559+68.6%

Summary: The Delta County real estate market had 59 homes for sale in April 2024, a 68.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 02
+100.0%
2 1010
0.0%
3 1126
+136.4%
4 713
+85.7%
5+ 78
+14.3%

Summary: The Delta County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 136.4%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
514+180.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delta County, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Delta County in April 2024, up by 180.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Delta County, MI

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

Average Sale Time

Mar 2024Apr 2024CHANGE
0 Days46 Days+6071.4%

Summary: Homes in Delta County had an average of 46 days on market in Apr 2024, up by 6071.4% compared to last month.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 14 homes were sold in Delta County; 79% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 21% 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 16 Days Ago

Newest Listings in Delta County, MI

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