Kent City, MI Home Values & Market Trends
Real estate market trends reflect that there have been 73 transactions over the past year in Kent City. The median value for residential home transactions that occurred over the previous year is $269,570.47. The number of current listings in Kent City is 11, and the percentage of properties for sale in the city is 11.00%. Kent City, MI currently has 3 properties in foreclosure, 3 bank owned properties, 0 properties headed for auction, and 11 properties for sale.
Kent City, MI Real Estate Market Overview
Zip | Median Est. Value |
---|---|
49330 | $ 157,081 $ 142/sqft |
Housing Market Summary for Kent City, MI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $269.9K | $256.3K | -5.07% |
Median Sold Price | $254.7K | $256.3K | 0.62% |
Homes For Sale | 10 | 4 | -60.00% |
Homes Sold | 44 | 25 | -43.18% |
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 Kent City, MI
Browse Homes in Kent City, MI
Kent City home values range from $22,972 to $1,518,491. The median estimated value of a home in Kent City is $269,570.47. The median list price of a home is 329,900, and the total count of properties in the city is 1,799.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Kent City, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Kent City, MI; of that zips, 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 Kent City, MI ranges from the highest value of $269,565 in 49330 to the lowest value of $143,031 in 49330. Bank owned homes and properties account for 0.17% of properties in Kent City, MI. There is 1 zips within Kent City, MI; 49330 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Kent City, MI. Auction homes and other auction properties account for 0% of all properties in Kent City, MI. There is 1 zips within Kent City, MI; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Kent City, 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.
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