50 cities with year-over-year price decreases
-43.2%
Biggest Drop
-9.8%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Ishpeming | -43.2% | $121K | 47 days | 1.7 mo |
| 2 | Three Rivers | -28.1% | $158K | 17 days | 2.6 mo |
| 3 | St. Clair | -25.8% | $267K | 6 days | 1.7 mo |
| 4 | Saline | -24.9% | $400K | 63 days | 2.2 mo |
| 5 | Huntington Woods | -24.5% | $521K | 36 days | 0.3 mo |
| 6 | Adrian | -23.9% | $136K | 39 days | 2.0 mo |
| 7 | Swartz Creek | -22.4% | $170K | 27 days | 1.1 mo |
| 8 | Sturgis | -22.1% | $120K | 7 days | 1.8 mo |
| 9 | Romulus | -19.8% | $169K | 30 days | 3.3 mo |
| 10 | South Lyon | -19.3% | $230K | 33 days | 5.9 mo |
| 11 | Northview | -17.5% | $300K | 35 days | 0.8 mo |
| 12 | Sault Ste Marie | -17.1% | $145K | 91 days | 3.1 mo |
| 13 | Muskegon Heights | -14.1% | $73K | 25 days | 3.1 mo |
| 14 | Watervliet | -13.2% | $217K | 41 days | 1.0 mo |
| 15 | Wixom | -11.8% | $305K | 44 days | 3.1 mo |
| 16 | Mount Clemens | -11.7% | $170K | 28 days | 2.4 mo |
| 17 | Traverse City | -11.4% | $310K | 68 days | 3.3 mo |
| 18 | Coldwater | -11.1% | $235K | 105 days | 1.9 mo |
| 19 | Grosse Pointe Park | -11.0% | $525K | 16 days | 1.1 mo |
| 20 | Forest Hills | -10.9% | $468K | 36 days | 1.1 mo |
| 21 | Marquette | -10.3% | $304K | 50 days | 1.3 mo |
| 22 | Mason | -8.8% | $219K | 67 days | 1.4 mo |
| 23 | New Haven | -7.9% | $278K | 27 days | 1.8 mo |
| 24 | Waverly | -7.7% | $244K | 56 days | 1.8 mo |
| 25 | Davison | -7.4% | $200K | 37 days | 1.7 mo |
| 26 | Southgate | -7.1% | $195K | 36 days | 1.1 mo |
| 27 | Grosse Pointe | -5.6% | $468K | 35 days | 1.6 mo |
| 28 | Marysville | -4.3% | $220K | 32 days | 1.6 mo |
| 29 | Clawson | -4.3% | $311K | 23 days | 1.3 mo |
| 30 | Norton Shores | -4.2% | $271K | 38 days | 1.7 mo |
| 31 | Cadillac | -3.9% | $185K | 52 days | 1.4 mo |
| 32 | Oak Park | -3.6% | $217K | 20 days | 2.4 mo |
| 33 | Beverly Hills | -3.5% | $449K | 31 days | 2.3 mo |
| 34 | Monroe | -3.4% | $174K | 41 days | 2.1 mo |
| 35 | Holt | -3.2% | $275K | 59 days | 2.0 mo |
| 36 | Vandercook Lake | -3.1% | $156K | 50 days | 2.6 mo |
| 37 | Fenton | -2.8% | $243K | 27 days | 3.1 mo |
| 38 | Grand Haven | -2.7% | $330K | 34 days | 2.1 mo |
| 39 | Holly | -2.2% | $200K | 34 days | 1.7 mo |
| 40 | Richmond | -1.7% | $290K | 29 days | 4.2 mo |
| 41 | Wyoming | -1.3% | $270K | 12 days | 0.9 mo |
| 42 | Owosso | -1.3% | $143K | 23 days | 2.9 mo |
| 43 | Lincoln Park | -1.1% | $163K | 21 days | 2.0 mo |
| 44 | Roseville | -0.9% | $157K | 35 days | 2.1 mo |
| 45 | Center Line | -0.8% | $159K | 54 days | 2.4 mo |
| 46 | Ann Arbor | -0.7% | $421K | 56 days | 1.8 mo |
| 47 | Troy | -0.6% | $428K | 26 days | 1.6 mo |
| 48 | Lapeer | -0.5% | $213K | 45 days | 2.2 mo |
| 49 | Eastpointe | -0.3% | $148K | 32 days | 2.8 mo |
| 50 | Dearborn Heights | -0.2% | $200K | 30 days | 2.2 mo |
50 cities in Michigan are experiencing year-over-year price declines. The largest drop is in Ishpeming at -43.2%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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