realestate

Ionia County home sellers adjusted prices downward in October, with a notable shift in median sales price.

Ionia County Real Estate Listings: A Look at Last Month's Trends

I
ONIA COUNTY — The median home list price in Ionia County dropped to $251,250 in October, a decline of 8.6% from the previous month's $274,750, according to Realtor.com data. Compared to October 2023, prices fell by 11.8% from $284,925.

    The median home size was 1,817 square feet, listed at $146 per square foot, a decrease of 0.9% from the same period last year. Homes in Ionia County sold relatively quickly, with a median time on market of 39 days compared to the national average of 58 days.

    New listings increased by 23.1% in October, with 64 homes added to the market, up from 52 in October 2023. Realtor.com's median home prices may not reflect the entire market, as they exclude new construction and pending sales.

    In Michigan, the median home price was $289,950, down slightly from September. The median home size was 1,603 square feet, priced at $178 per square foot. Nationally, the median home price decreased to $424,950, with a median home size of 1,835 square feet and a price per square foot of $226.

    Experts consider the median list price more accurate than the average, as it's less influenced by extreme prices. The USA TODAY Network is publishing localized versions of this story using Realtor.com data.

Ionia County home sellers adjust prices downward in October, median sales shift.