Muskegon, MI metro area Housing Market
Warm MarketComprehensive housing market data for the Muskegon, MI metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$237K
↑ 7.8% YoY
Days on Market
42 days
↑ 2.4% YoY
Active Inventory
341
↓ 2.0% YoY
Homes Sold
122
↓ 18.1% YoY
Warm Market
The market is active with moderate buyer demand.
Muskegon, MI metro area Market Summary
The Muskegon, MI metro area housing market is heating up. As of January 2026, the median home sale price is $237K, up 7.8% year-over-year. Homes are spending a median of 42 days on the market, 2.4% longer than a year ago.
There are 341 homes for sale — 2.0% fewer than last year. With 2.8 months of supply, this is a seller's market. 137 new listings were added during this period, down 11.6% year-over-year.
Homes are selling for 98.4% of their list price on average, suggesting room for negotiation. 21.3% of homes sell above their asking price. 32.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
62
Contributing Factors
How This Market Compares
vs. National Median
vs. Michigan Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 44% below the national median, which could indicate stronger cash flow potential.
Muskegon, MI metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$240K
Price per Sq Ft
$175
Sale-to-List Ratio
98.4%
Months of Supply
2.8
Sold Above List
21.3%
Price Drops
32.3%
New Listings
137
↓ 11.6% YoY
Pending Sales
159
Off Market in 2 Weeks
27.7%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.