Is Ionia County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ionia County has remained a Seller's Market.
Housing Prices in Ionia County, MI
How much do homes in Ionia County, MI cost?
Median Sold Price
$220,218
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ionia County was $220,218 in April 2024, up 12.9% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $156.5K | +56.5% |
2 Bedrooms | $153.5K | $160K | +4.2% |
3 Bedrooms | $190K | $217.9K | +14.7% |
4 Bedrooms | $245K | $275K | +12.2% |
5+ Bedrooms | $259.9K | $307.4K | +18.3% |
Summary: Ionia County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.5%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 18.3%.
Median Sold Price Compared To Nearby Counties
Ionia County | $195K | $220.2K | +12.9% |
Kent County | $295.9K | $320.2K | +8.2% |
Montcalm County | $210K | $227.3K | +8.2% |
Barry County | $255K | $275K | +7.9% |
Clinton County | $216.4K | $226.7K | +4.7% |
Housing Supply in Ionia County, MI
How many homes are available in Ionia County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
138 | 133 | -3.6% |
Summary: The Ionia County real estate market had 133 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 74 | 69 | -6.8% |
4 Bedrooms | 39 | 37 | -5.1% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Ionia 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 7.7%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 49 | +22.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Ionia County in April 2024, up by 22.5% month-over-month. Of the 49 sold homes, 41% were sold under asking, 12% were sold at asking, and 47% were sold over asking.
Days on Market for Ionia County, MI
How long does it take to sell a home in Ionia County, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 25 Days | -53.4% |
Summary: Homes in Ionia County had an average of 25 days on market in Apr 2024, down by 53.4% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 49 homes were sold in Ionia County; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.