Southeast Michigan Real Estate Pulse: Your Current Market Insights

Welcome to our Southeast Michigan Real Estate Market Report page! Here, you’ll find comprehensive insights and analyses of the residential real estate market across the region. Our goal is to provide you with a clear understanding of current trends, property values, and market dynamics to help you make informed decisions. This report is meticulously updated on a quarterly basis, ensuring you always have access to the most recent data and expert commentary.

A Persistent Seller's Landscape

The real estate market in Southeast Michigan continues to favor sellers, characterized by a significant imbalance between low inventory and robust buyer demand. Despite some recent increases in active listings, the supply of homes remains well below what is needed for a balanced market. This ongoing scarcity means that properties are generally selling quickly, often attracting competitive offers and maintaining upward pressure on prices across the region.

KEY METRICS

July 2025

October 2025

Median home price

August 2024: Median home price

median home price

August 2025: median home price

AVERAGE DAYS ON THE MARKET

August 2024: AVERAGE DAYS ON THE MARKET

AVERAGE DAYS ON THE MARKET

August 2025: AVERAGE DAYS ON THE MARKET

Absorption Rate

August 2024: Absorption Rate

Absorption rate

August 2025: Absorption rate

Number of listings

August 2024: Number of listings

Number of listings

August 2025: Number of listings

%

Sold to List Ratio

%

August 2024: Sold to List Ratio

%

sold to list ratio

%

August 2025: sold to list ratio

DEMOGRAPHICS

%

mortage interest rate

%

mortgage interest rate

%

Unemployment rate

%

unemployment rate

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