Is Isabella County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Isabella County was a Buyer's Market.
Key Takeaway
Isabella County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Isabella County, MI
How much do homes in Isabella County, MI cost?
Median Sold Price
$178,966
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Isabella County have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Isabella County was $178,966 in April 2024, up 2.3% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $111.5K | $114K | +2.2% |
| 2 Bedrooms | $108.9K | $138K | +26.7% |
| 3 Bedrooms | $160K | $175K | +9.4% |
| 4 Bedrooms | $242.7K | $246K | +1.4% |
| 5+ Bedrooms | $310K | $361K | +16.5% |
Summary: Isabella County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 16.5%.
Median Sold Price Compared To Nearby Counties
| Midland County | $200K | $224.3K | +12.2% |
| Clare County | $128K | $133K | +3.9% |
| Mecosta County | $199.5K | $205.2K | +2.8% |
| Isabella County | $175K | $178.9K | +2.3% |
| Gladwin County | $179.5K | $170K | -5.3% |
Housing Supply in Isabella County, MI
How many homes are available in Isabella County, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 153 | 176 | +15.0% |
Summary: The Isabella County real estate market had 176 homes for sale in April 2024, a 15.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 21 | 27 | +28.6% |
| 3 Bedrooms | 75 | 87 | +16.0% |
| 4 Bedrooms | 47 | 47 | 0.0% |
| 5+ Bedrooms | 8 | 13 | +62.5% |
Summary: The Isabella County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 16%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 62.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 36 | +5.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Isabella County, you could pay more than the asking price. 37.1% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in Isabella County in April 2024, up by 5.9% month-over-month. Of the 35 sold homes, 31% were sold under asking, 31% were sold at asking, and 37% were sold over asking.
Days on Market for Isabella County, MI
How long does it take to sell a home in Isabella County, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 79 Days | +62.2% |
Summary: Homes in Isabella County had an average of 79 days on market in Apr 2024, up by 62.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Isabella County has remained consistent over time.
Summary: During April 2024, 36 homes were sold in Isabella County; 19% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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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. 
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.