Southwest Michigan’s housing market saw mixed results in July 2025, with sales edging up from June but falling 12 percent compared to July 2024. A total of 264 homes were sold in July, down from 299 a year earlier. Year-to-date, sales were up 2 percent, with 1,549 homes sold compared to 1,516 during the same period last year.
Inventory grew 9 percent year-over-year, with 1,014 homes on the market at the end of July, representing a 6.0-month supply—up from 4.9 months in June. This is still well below the 3,821 homes available in July 2010.
The average selling price in July rose 10 percent to $424,997 from $387,290 a year earlier, though it fell slightly from June’s record $430,096. Year-to-date, the average price increased 15 percent to $418,170. The median price climbed 8 percent year-over-year to $318,500, with a 7 percent year-to-date gain to $290,000.
Lower July prices compared to June contributed to a 3 percent decline in total monthly dollar volume to $112.2 million. Year-to-date dollar volume rose 18 percent to $647.7 million.
Foreclosures made up 3 percent of July transactions, matching June’s level, with eight bank-owned properties sold. Mortgage rates averaged 6.72 percent for a 30-year fixed loan, down slightly from 6.77 percent in June.
Figures cover sales in Allegan, Berrien, Cass, and the western two-thirds of Van Buren counties.
