Lenawee County, MI Home Values & Market Trends
The median home price in Lenawee County, MI is $202,683.06. There were 1,598 home sales in Lenawee County, MI over the past 12 months. The median residential Lenawee County, MI home value for transactions over the previous year is $158,000. The number of current listings in Lenawee County, MI is 187, and the percentage of properties for sale is 187.00%. The county has 47 foreclosures, 15 bank owned properties, 32 headed for auction, and 187 properties for sale.
Lenawee County, MI Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Adrian | $ 161,410 $ 119/sqft | Blissfield | $ 186,892 $ 114/sqft |
| Tecumseh | $ 252,925 $ 163/sqft | Addison | $ 208,942 $ 107/sqft |
| Cement City | $ 303,379 $ 167/sqft | Palmyra | $ 153,042 $ 115/sqft |
| Manitou Beach | $ 441,145 $ 225/sqft | Clayton | $ 178,333 $ 91/sqft |
| Hudson | $ 153,887 $ 123/sqft | Jasper | $ 92,679 $ 79/sqft |
| Clinton | $ 259,000 $ 142/sqft | Deerfield | $ 195,070 $ 121/sqft |
| Onsted | $ 387,857 $ 150/sqft | Morenci | $ -- $ -- |
| Tipton | $ 449,000 $ 161/sqft | Sand Creek | $ -- $ -- |
| Britton | $ 361,424 $ 151/sqft | Riga | $ -- $ -- |
Housing Market Summary for Lenawee County, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $215K | $175.6K | -18.32% |
| Median Sold Price | $195K | $175.6K | -9.93% |
| Homes For Sale | 173 | 82 | -52.60% |
| Homes Sold | 711 | 324 | -54.43% |
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 Lenawee County, MI
Browse Homes in Lenawee County, MI
Lenawee County, MI home values range from $10,508 to $10,263,407. Tipton is the priciest city with a median listing home price of $444,450, and Jasper is most affordable with average house prices of around $82,950.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lenawee 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 18 cities within Lenawee 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 Lenawee County, MI ranges from the highest value of $219,798 in Tecumseh to the lowest value of $34,900 in Adrian. Bank owned homes and properties account for 0.04% of properties in Lenawee County, MI. There are 18 cities within Lenawee County, MI; Adrian containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAdrian has 11 auction properties, the highest number of properties going to auction in a single city in the state of Lenawee County, MI. Auction homes and other auction properties account for 0.09% of all properties in Lenawee County, MI. There are 18 cities within Lenawee County, MI; of those cities, the median estimated home value for homes going to auction ranges from $467,690 in Addison to the lowest value of $29,444 in Addison.
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More Real Estate Resources for Lenawee County, MI
Guide for Lenawee 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.
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.
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