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Featured local agent — DeWitt, MI
Sarah Mitchell
Compass Real Estate · DeWitt, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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DeWitt, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$365,000median sale price
How is the DeWitt, MI housing market right now?
The median home sale price in DeWitt, MI is $365,000, up 26.3% year-over-year. Homes sell in an average of 10 days with 7 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is DeWitt a buyer's or seller's market?
DeWitt, MI is currently a strong seller's market, based on 0.8 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
10
Fast-moving
Active listings
7
0.8 months supply
Sale-to-list
102.3%
Above asking
What does the DeWitt housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $365,000 |
| Median list price | $345,000 |
| Year-over-year price change | +26.3% |
| Average days on market | 10 days |
| Active inventory | 7 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 102.3% |
| Median price per sq ft | $182/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 10 |
| Listings with a price cut | 28.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in DeWitt by property type?
How the DeWitt, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $375,063 | $182/sq ft | 8 | 10 days |
| Condo / Co-op | $175,000 | $206/sq ft | 1 | 73 days |
Source: Redfin · Updated monthly
The DeWitt housing market is currently classified as a strong seller's market with a median sale price of $365,000. Prices have risen 26.3% compared to last year, with homes spending an average of 10 days on market, indicating 0.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in DeWitt
There are currently 7 homes listed for sale in DeWitt, Michigan. The median listing price is $345K.
Active listings
7
Homes on market
Median list price
$345K
Avg. days on market
10
Days until sale
New this week
10
Newly listed
Who lives in DeWitt?
Population
4,774
Median income
$105,857/yr
Median age
42 years
Owner-occupied
78.6%
College grads
46.8%
Avg commute
23.2 min
Source: U.S. Census Bureau ACS
What are homes worth in DeWitt?
Zillow home value
$330,229
Zillow rent index
$1,924/mo
Price-to-rent ratio
14.3x
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in DeWitt?
DeWitt is a community of approximately 5K residents with a median age of 42 years.The median household income is $105,857, which reflects a relatively affluent area with strong earning potential. 46.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 78.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, DeWitt offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve DeWitt?
5 schools tracked · 3,129 students
The largest public schools serving DeWitt, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
DeWitt High School
Grades 9-12 · 962 students
DeWitt Middle School
Grades 6-8 · 736 students
Schavey Road Elementary School
Grades PK-1 · 496 students
Herbison Woods Elementary School
Grades 4-5 · 479 students
David Scott Elementary School
Grades 2-3 · 456 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near DeWitt, MI?
Want a head-to-head view? Compare DeWitt side-by-side with any other U.S. city using our market-comparison tool.
Is DeWitt a good real estate investment market?
For investors evaluating DeWitt, the price-to-rent ratio of 14.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 26.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on DeWitt's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using DeWitt's median home price.
Frequently asked questions
What is the average home price in DeWitt?
The median home sale price in DeWitt is $365,000, up 26.3% from last year.
How long do homes stay on market in DeWitt?
Homes typically spend 10 days on market before going under contract.
What is the median income in DeWitt?
The median household income is $105,857 per year.
Is DeWitt a buyer's or seller's market?
With 0.8 months of supply, DeWitt is currently a strong seller's market.
What is the Zillow home value estimate for DeWitt?
The Zillow Home Value Index (ZHVI) for DeWitt is $330,229, representing the typical home value in the area.
What is the median condo price in DeWitt?
The median condo/co-op sale price in DeWitt, MI is $175,000, compared to $375,063 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in DeWitt?
The median single-family home price in DeWitt, MI is $375,063 (about $182 per square foot).
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