In January 2025, the Kent County, Michigan housing market exhibited notable activity, reflecting trends that both buyers and sellers should consider.
Home Prices
The median listing price in Kent County was $367,038 in January 2025, showing a slight increase from $366,975 in December 2024.
The median sold price was $334,420, representing a 6% year-over-year increase. The average home value stood at $322,518, up 5.3% over the past year.
Market Dynamics
Homes in Kent County moved relatively quickly, with a median of 17 days to pending status.
The sale-to-list price ratio was 99.25%, indicating that homes sold very close to their asking prices.
Inventory Levels
The county had 1,077 active listings in January 2025, with 362 new listings added during the month. This level of inventory suggests a competitive market, with demand potentially outpacing supply.
Local Insights
In Kent City, a locality within Kent County, the real estate market experienced a 23.5% decrease in homes for sale, dropping from 17 in December 2024 to 13 in January 2025. The average sale time in Kent City saw a significant increase, with homes averaging 259 days on the market in January 2025, up from 23 days in December 2024.
The Kent County housing market in January 2025 demonstrated resilience with rising home values and quick sales, despite limited inventory.
Don’t miss out on opportunities in Kent County’s competitive market! Let 616 REALTY’s local knowledge work for you.
Contact us to get started!