Kentwood, MI Housing Market & Real Estate

Seller's market-0.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Kentwood, MI is $332,450, down 0.0% year-over-year. Homes sell in an average of 27 days with 54 active listings. The market is currently a seller's market.

$332,450median sale price

Is Kentwood a buyer's or seller's market?

Seller's market1.5 months of supply27 avg. days on market

Kentwood, MI is currently a seller's market, based on 1.5 months of supply and homes selling in about 27 days. How we determine this →

Homes sold

36

Last 12 weeks

Days on market

27

Average pace

Active listings

54

1.5 months supply

Sale-to-list

99.2%

Below asking

Kentwood, MI market data

Current housing market statistics for Kentwood, MI
MetricValue
Median sale price$332,450
Median list price$347,400
Year-over-year price change-0.0%
Average days on market27 days
Active inventory54 listings
Months of supply1.5 months
Sale-to-list price ratio99.2%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Kentwood housing market is currently classified as a seller's market with a median sale price of $332,450. Prices have fallen 0.0% compared to last year, with homes spending an average of 27 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Kentwood

There are currently 54 homes listed for sale in Kentwood, Michigan. The median listing price is $347K.

Active listings

54

Homes on market

Median list price

$347K

Avg. days on market

27

Days until sale

New this week

46

Newly listed

Price drops:24.1%of listings
Sale-to-list:99.2%

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Frequently asked questions

What is the average home price in Kentwood?

The median home sale price in Kentwood is $332,450, down 0.0% from last year.

How long do homes stay on market in Kentwood?

Homes typically spend 27 days on market before going under contract.

Is Kentwood a buyer's or seller's market?

With 1.5 months of supply, Kentwood is currently a seller's market.

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