MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Lake County, Michigan.
For May 2024, the data showcases a Median Sale Price of $201,500 in Lake County, a rise of 5.5% from the last month and a decrease 29.3% from the same period the previous year.
The region reported 26 home sales, marking an increase of 62.5% from the prior month, and 52.9% growth year-over-year.
Homes remained on the market for a median of 17 days, which is down 6 days from the month before and down 16 days from the previous year.
With the Market Pulse Score sitting at 112, the trend in Lake County’s housing market seems to be rising.
For more information about the Lake County, Michigan market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
MyMarketPulse – What the Pros Know