Southeast Michigan Housing Market 2025: Price Trends, Predictions, and Opportunities
Posted by Michael Perna on
As the housing market in southeast Michigan steps into 2025, a mix of promising opportunities and persistent challenges shapes the region’s real estate landscape. From rising home values to fluctuating mortgage rates, the interplay of supply and demand continues to define this dynamic market, presenting a diverse range of prospects for buyers, sellers, and investors.
Modest Price Growth Driven by Demand
Home prices in southeast Michigan are projected to rise between 3% and 5% in 2025, according to Dan Elsea, president of Brokerage Services at Real Estate One Family of Cos. While the increase is more tempered compared to previous years, affordability challenges persist, largely driven by limited housing inventory and sustained buyer demand.
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