In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Lake County, Michigan.
The report shows that the Median Sale Price in Lake County reached $155,000 as of August 2024, marking a decrease of 9.9% over the previous month and a 18.6% drop compared to a year ago.
29 homes were sold, an increase 26.1% from the previous month and an increase of 7.4% from the prior year.
Furthermore, homes in Lake County were on the market for an average of 25 days before selling, reflecting a decrease of 5 days days month-over-month and a decrease of 6 days day year-over-year.
Currently, with a Market Pulse Score of 115, Lake County’s real estate market appears to be experiencing an upturn.
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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