Mason County, MI Home Values & Market Trends

The median home price in Mason County, MI is $212,944.71. There were 467 home sales in Mason County, MI over the past 12 months. The median residential Mason County, MI home value for transactions over the previous year is $139,900. The number of current listings in Mason County, MI is 92, and the percentage of properties for sale is 92.00%. The county has 7 foreclosures, 1 bank owned properties, 6 headed for auction, and 92 properties for sale.

Mason County, MI Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Ludington

$ 249,000

$ 157/sqft

Free Soil

$ 265,330

$ 198/sqft

Scottville

$ 184,900

$ 126/sqft

Fountain

$ 228,761

$ 109/sqft

Branch

$ 378,530

$ 143/sqft

Custer

$ 232,560

$ 246/sqft

Housing Market Summary for Mason County, MI

Apr 2023March 2024Change
Median Listing Price$237K$218.6K-7.74%
Median Sold Price$204K$218.6K7.18%
Homes For Sale457668.89%
Homes Sold237206-13.08%
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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%.

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Browse Homes in Mason County, MI

Mason County, MI home values range from $17,846 to $19,177,121. Branch is the priciest city with a median listing home price of $387,450, and Scottville is most affordable with average house prices of around $224,000.

Foreclosure
There are 6 cities within Mason County, MI; within these cities, the median estimated home value for homes in foreclosure ranges from $472,366 in Ludington to the lowest value of $110,308 in Ludington. Foreclosure homes account for 0.00% of properties in Mason County, MI with Ludington containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mason 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 6 cities within Mason 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Mason County, MI ranges from the highest value of $150,551 in Ludington to the lowest value of $150,551 in Ludington. Bank owned homes and properties account for 0.01% of properties in Mason County, MI. There are 6 cities within Mason County, MI; Ludington containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Scottville has 2 auction properties, the highest number of properties going to auction in a single city in the state of Mason County, MI. Auction homes and other auction properties account for 0.04% of all properties in Mason County, MI. There are 6 cities within Mason County, MI; of those cities, the median estimated home value for homes going to auction ranges from $402,741 in Custer to the lowest value of $110,308 in Custer.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.62% of residential properties in Mason County, MI with Ludington containing 55 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Mason County, MI; homes for sale in those cities, have a range of median values from $278,053 in Fountain to the lowest value of $46,893 in Ludington.
    Sold Homes
    The median value for recently sold homes ranges from $895,770 in Ludington to the lowest price of $22,053 in Ludington. There are 6 cities within Mason County, MI. Ludington has 105 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.33% of properties in Mason County, MI.

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      Guide for Mason County, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      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.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      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
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes Mason County, MI

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