The Midwest housing market is somewhat competitive. The median sale price of a home in Midwest was $65K last month, up 54.0% since last year. The median sale price per square foot in Midwest is $50, up 100.0% since last year.
In March 2024, Midwest home prices were up 54.0% compared to last year, selling for a median price of $65K. On average, homes in Midwest sell after 33 days on the market compared to 24 days last year. There were 23 homes sold in March this year, up from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$65,000
+54.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Midwest, MI
$65,000
+54.0%
United States
To compare other locations to the Midwest and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Detroit add value to a home.
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How hot is the Midwest housing market?
Midwest is somewhat competitive. Homes sell in 22 days.
0
100
55
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 10 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Midwest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Midwest.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Midwest has a moderate risk of flooding. 700 properties in Midwest are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Midwest. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Midwest has a minor risk of wildfire. There are 12 properties in Midwest that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Midwest.