MyMarketPulse (mymarketpulse.com) recently disclosed its January 2025 findings on the housing market conditions in Lake County, Michigan.
The report shows that the Median Sale Price in Lake County reached $190,000 as of January 2025, marking a decrease of 1.3% over the previous month and a 79.2% rise compared to a year ago.
The area witnessed the sale of 11 home during this period, which is a 38.9% decrease from the preceding month and a decrease of 15.4% compared to the same timeframe last year.
Furthermore, homes in Lake County were on the market for an average of 76 days before selling, reflecting an increase of 13 days days month-over-month and an increase of 2 days day year-over-year.
The Market Pulse Score for Lake County comes in at 93, pointing to a declining 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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