Allegan County, MI Home Values & Market Trends
The median home price in Allegan County, MI is $308,017.11. There were 2,052 home sales in Allegan County, MI over the past 12 months. The median residential Allegan County, MI home value for transactions over the previous year is $231,790.106. The number of current listings in Allegan County, MI is 247, and the percentage of properties for sale is 247.00%. The county has 37 foreclosures, 17 bank owned properties, 20 headed for auction, and 247 properties for sale.
Allegan County, MI Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Allegan | $ 268,454 $ 145/sqft | Hamilton | $ 306,900 $ 169/sqft |
| Plainwell | $ 314,078 $ 145/sqft | Shelbyville | $ 345,381 $ 134/sqft |
| Fennville | $ 389,000 $ 201/sqft | Dorr | $ 457,603 $ 165/sqft |
| Otsego | $ 287,907 $ 134/sqft | Pullman | $ 335,790 $ 228/sqft |
| Saugatuck | $ 644,275 $ 373/sqft | Martin | $ 220,440 $ 116/sqft |
| Wayland | $ 493,790 $ 176/sqft | Hopkins | $ 357,665 $ 143/sqft |
| Douglas | $ 642,468 $ 372/sqft | Moline | $ -- $ -- |
Housing Market Summary for Allegan County, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $349.9K | $303.8K | -13.18% |
| Median Sold Price | $282.7K | $303.8K | 7.48% |
| Homes For Sale | 163 | 216 | 32.52% |
| Homes Sold | 1,558 | 1,487 | -4.56% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Allegan County, MI
Browse Homes in Allegan County, MI
Allegan County, MI home values range from $20,080 to $14,246,680. Saugatuck is the priciest city with a median listing home price of $707,450, and Pullman is most affordable with average house prices of around $244,950.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Allegan County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 14 cities within Allegan County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Allegan County, MI ranges from the highest value of $306,247 in Wayland to the lowest value of $99,900 in Allegan. Bank owned homes and properties account for 0.04% of properties in Allegan County, MI. There are 14 cities within Allegan County, MI; Allegan containing 7 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsPlainwell has 6 auction properties, the highest number of properties going to auction in a single city in the state of Allegan County, MI. Auction homes and other auction properties account for 0.04% of all properties in Allegan County, MI. There are 14 cities within Allegan County, MI; of those cities, the median estimated home value for homes going to auction ranges from $454,778 in Dorr to the lowest value of $98,003 in Dorr.
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Guide for Allegan County, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
Lansing’s real estate market has seen substantial growth in home values and sales prices from April 2023 to March 2024, positioning the city as an attractive investment prospect.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move
