Market report, updated

Lakewood Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 99.5% of list price in 33 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $267K Sold · $268K
$360K$300K$240K$180K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 18 sales in Aug. Last month: 17.

Where the market stands

All homes in this report, by status.

164homes
Active25 · 15%
Under contract14 · 9%
Sold (12 mo)125 · 76%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$329K
Under contract$395K
Sold$285K

Average days on market

Active107 days
Under contract44 days
Sold33 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 25
Average list price $328,557
Avg. days on market 107 days
Avg. price per ft² $213 Based on 16 of 25 homes
Avg. living area 2,245 ft² Based on 16 of 25 homes
Avg. beds / baths 3.5 / 2.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

9 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 16 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

8 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

734 Lakeview Drive$474
6400 E Brown Road$378
4695 Farrel Road$302
6200 N Woodland Road$253
4494 Barber Road$235
2908 Huddle Road$231
6477 Usborne Road$207

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4494 Barber RoadHastings, MI 49058 643,603$850,000$2356 days
2908 Huddle RoadLake Odessa, MI 48849 533,151$729,900$23132 days
100 W Musgrove HighwayLake Odessa, MI 48849 433,471$550,000$15890 days
4038 Farrel RoadHastings, MI 49058 432,952$525,000$17714 days
6400 E Brown RoadLake Odessa, MI 48849 221,308$495,000$3786 days
734 Lakeview DriveLake Odessa, MI 48849 111,032$490,000$47439 days
6477 Usborne RoadFreeport, MI 49325 322,170$450,000$20777 days
4695 Farrel RoadHastings, MI 49058 321,472$444,900$30240 days
918 Emerald CircleLake Odessa, MI 48849 532,788$425,000$15278 days
874 3rd Avenue Unit 13Lake Odessa, MI 48849 332,100$399,000$1901 day
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Rosietherealtormi.com Khoury Real Estate LLC.

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