Genesee County Real Estate Market Update – March 2025

If you’re wondering how the real estate market in Genesee County, Michigan is performing right now, you're in the right place. Whether you’re buying, selling, or investing in real estate, staying informed about the latest trends is essential to making smart decisions. In this post, we’ll break down the latest housing market data for Genesee County and what it means for you.

Genesee County Housing Market Trends – March 2025

Home Prices on the Rise

The average home value in Genesee County currently sits at $171,991, marking a 4.6% increase over the past year. Similarly, the median sale price has climbed to $183,000, which is an 8.3% increase year-over-year. These numbers indicate a strong seller’s market, where home values continue to appreciate due to high demand and limited inventory.

Homes Selling Quickly

Another key indicator of a competitive housing market is the average days on market (DOM). Right now, homes in Genesee County are selling in about 29 days, which suggests that buyers need to act fast if they find a property they love. Sellers, on the other hand, can take advantage of quick sales and strong home values to maximize their returns.

Inventory Levels and Market Competition

One of the biggest driving factors behind the current market trends is the low housing inventory. With fewer homes available for sale, buyers face increased competition, often leading to multiple-offer scenarios. This has also resulted in homes selling above asking price in many cases.

For sellers, this means it’s an excellent time to list your property, as you’re likely to receive strong offers. For buyers, being pre-approved and prepared to make competitive offers is crucial in today’s market.

What’s Driving the Genesee County Real Estate Market?

Several factors contribute to the current housing market conditions in Genesee County, MI:

• Low Mortgage Rates: Although interest rates have fluctuated, they remain historically lower than past decades, keeping demand high.

• Strong Demand: Many buyers are entering the market, from first-time homebuyers to investors looking for rental properties.

• Limited Inventory: The number of homes available for sale remains lower than pre-pandemic levels, which drives up competition and prices.

• Economic Growth: Genesee County continues to see development and job opportunities, making it an attractive place to live.

Is It a Good Time to Buy or Sell in Genesee County?

For Sellers:

If you’ve been considering selling your home, now is a great time to list your property. With home values on the rise, quick sales, and multiple-offer situations, you’re in a strong position to get top dollar for your home.

For Buyers:

While it’s a competitive market, it’s still a great time to buy—especially before home prices and interest rates climb further. To be successful, get pre-approved, work with an experienced local real estate agent, and be prepared to make a competitive offer when you find the right home.

Final Thoughts on the Genesee County Housing Market

The Genesee County real estate market in 2025 remains strong and competitive, with rising home prices, fast sales, and high demand. Whether you’re a homebuyer, seller, or investor, understanding these trends will help you make the best decisions for your real estate goals.

If you’re thinking about buying or selling a home in Genesee County, let’s connect! As an experienced real estate professional, I can provide you with expert guidance to navigate this dynamic market successfully.

📞 Contact me today for a free consultation!