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JULY 2024 Market Update

Karen Austin

I am a full time Real Estate Broker with an in depth knowledge of the Greater Lansing area which includes Eaton, Clinton and Ingham Counties...

I am a full time Real Estate Broker with an in depth knowledge of the Greater Lansing area which includes Eaton, Clinton and Ingham Counties...

Aug 6 2 minutes read

The July real estate market report for Ingham, Eaton, and Clinton Counties in Michigan shows a dynamic and competitive landscape. Ingham County experienced strong demand and rising home prices, with tight inventory levels creating competition among buyers. Eaton County displayed balanced growth with moderate price increases and healthy new listings, offering opportunities for both buyers and sellers. Clinton County saw a notable rise in property values, with stable inventory favoring a seller's market and quick sales. Overall, rising prices and rapid sales were common trends, highlighting the thriving real estate market in these counties.

July  Market Update for Ingham County 

356

New Listings

323

Active Listings

291

Under Contract

273

Closed Sales

 

$245,708

Average Sales Price

1.33

Absorption rate 

17

Average Days on Market


Homes Sold

101.5%

Sale-to-List Price


July  Market Update for Eaton County 

124

New Listings

120

Active Listings

104

Under Contract

94

Closed Sales

 

$286,116

Average Sales Price

1.49

Absorption rate 

26

Average Days on Market


Homes Sold

101.1%

Sale-to-List Price


July  Market Update for Clinton County 

71

New Listings

89

Active Listings

59

Under Contract

66

Closed Sales

 

$439,294

Average Sales Price

1.5

Absorption rate

23

Average Days on Market


Homes Sold

99.1%

Sale-to-List Price


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