The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Lake County, Michigan’s real estate market for December 2024.
December 2024’s data reveals a Median Sale Price of $200,000 for homes in Lake County. This figure represents a growth of 44.9% month-over-month and a 53.8% year-over-year increase.
Sales of homes in the region saw 17 homes changing hands. This represents a decline of 26.1% from the month before and up 13.3% compared to the same month last year.
The median time homes spent on the market was 68 days, which is up 39 days compared to last month and an increase of 37 days over the previous year.
The Market Pulse Score for Lake County comes in at 104, pointing to a rising trend within the local real estate market.
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.
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