Northwest Michigan Housing Report November 2025
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NW 6-County Combined Summary
Waterfront, Non-Waterfront, Condo
402
Oct New Listings
-4% from last month
226
New Pendings
-26% from last month
324
Closed Sales
-7% from last month
$343
Price Per Sq Ft
-6% from last month
$524K
Avg. Sale Price
-8% from last month
| Property Type | Aug ’25 | Sep ’25 | Oct ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 346 | 350 | 324 | 3% | 7% |
| Avg Price | $542,955 | $567,772 | |$523,565 | 13% | 3% | |
| Waterfront | Sales | 43 | 56 | 38 | -1% | 8% |
| Avg Price | $980,416 | $1,356,195 | $1,192,133 | 15% | 1% | |
| Non-Waterfront | Sales | 254 | 242 | 233 | 5% | 8% |
| Avg Price | $481,738 | $427,146 | $448,776 | 14% | 4% | |
| Condo | Sales | 49 | 52 | 51 | 1% | 0% |
| Avg Price | $476,389 | $371,077 | $373,153 | 7% | 2% |
| Price Range | Aug ’25 | Sep ’25 | Oct ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 346 | 350 | 324 | 3% | 7% |
| $/SF | $348 | $364 | $343 | 13% | 4% | |
| Avg Price | $542,955 | $567,772 | $523,565 | 13% | 4% | |
| <$350k | Sales | 137 | 150 | 143 | -9% | 5% |
| $/SF | $197 | $191 | $194 | 8% | 1% | |
| $350k-$700k | Sales | 140 | 131 | 118 | 11% | 10% |
| $/SF | $300 | $301 | $321 | 2% | 2% | |
| >$700k | Sales | 69 | 69 | 63 | 22% | 6% |
| $/SF | $587 | $655 | $531 | 13% | 8% |
