Metropolitan market · Michigan · June 2026 data

Muskegon Real Estate Market

The Muskegon, MI housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Muskegon report in a click.

Median listing price
$309,925
▼ 2.8% YoY
Median $ / sq ft
$192
1,484 sq ft median
Median days on market
39
June 2026
Active listings
385
For sale now
New listings
246
June 2026
Listings with price cuts
17%
Share of active
Median sale price (closed)
$250,000
▲ 1.2% YoY · closed sales
Sale-to-list ratio
98.7%
Closed sales
Homes sold / month
171
Closed sales
Median listing price trend
$319K$301K$284K$267K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Muskegon MI · trailing 8 quarters · source: public records and industry data.

The 10-year view
$320K$279K$238K$198K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Muskegon MI · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
385
New this month
246
Pending
295
Price-reduced
65

As of June 2026, the median home listed in Muskegon, MI asks $309,925 — down 2.8% from a year ago. Homes are taking a median of 39 days to go under contract, and 17% of the 385 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Muskegon-Norton Shores, MI metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
53/100
#393 of 932 covered metros
12-month outlook
-1.7%
Flat · model output, not advice
Price volatility
High
σ 7.0% · 20-yr price-index swings
Momentum
51
Value
29
Rental yield
78
Supply risk
66
Market heat
79

Muskegon scores 53/100 on our composite Investor Score (#393 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 65% over five years and +149% over ten, leaving prices 124% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,236/mo for a two-bedroom, the gross rental yield on the median listing is about 4.8%; active inventory sits at 104% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 2.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Muskegon ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,397/mo
−$159/mo vs today
At today's rate · 6.43%
$1,556/mo
National weekly average
If rates rise 1% · 7.43%
$1,722/mo
+$166/mo vs today

Principal & interest on the $309,925 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
449
▲ 2.5% vs 2024
2.6 per 1,000 residents
Net migration (2022–2023)
+944
▲ people, via tax-return records
net income flow +$39.8M/yr
Job growth (YoY)
-0.6%
▼ 65.2k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Muskegon market FAQs

What is the median home price in Muskegon?
As of June 2026, the median listing price in Muskegon, MI is $309,925, down 2.8% year over year (source: public records and industry data). Figures cover the Muskegon-Norton Shores, MI metro area.
How fast are homes selling in Muskegon?
The median property in Muskegon spends 39 days on the market, with 385 homes actively listed and 17% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Muskegon?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Muskegon and the wider Michigan market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Muskegon-Norton Shores, MI metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.