Ingham County Real Estate Update: What the November 2025 Numbers Mean for You

As we head into the final stretch of 2025, the Ingham County housing market is showing some classic seasonal shifts mixed with some surprising local trends. Whether you are planning to list your home in the New Year or you’re a buyer waiting for the right moment to strike, understanding the November data is key to making an informed move.

Here is a breakdown of the latest "boots on the ground" stats for our area.

1. Inventory is Tightening Further

In November, our Months of Inventory dropped to 2.02, a 16% decrease from the previous month.

What does this mean? Effectively, if no new homes were listed, it would take just over two months to sell everything currently on the market. While a "balanced" market is typically around 5-6 months of inventory, we remain firmly in a seller’s market. With fewer homes to choose from, buyers are still facing competition for the best properties.

2. The Pace is Moderating (Finally!)

One of the most notable shifts this month is the Median Days on Market, which rose to 32 days—a 45% increase month-over-month.

For buyers, this is a breath of fresh air. The "sold in 24 hours" frenzy has calmed slightly, giving you more time to conduct inspections and feel confident in your decision. For sellers, this means patience is required. Your home isn't necessarily "stale" if it doesn't sell in the first weekend; it’s simply the market returning to a more natural rhythm.

3. Pricing and Expectations

The Median Sold Price for Ingham County settled at $200,000 in November, reflecting a 5% dip month-over-month. This is common as we enter the holiday season, where the mix of homes selling often shifts toward smaller or mid-range properties.

However, sellers are still seeing strong returns. The Sold to List Price percentage is holding steady at 98.42%. This tells us that while there is a little more room for negotiation than there was in the spring, homes that are priced correctly are still selling very close to their asking price.

The Bottom Line

The Ingham County market is transitioning. We have low inventory (which favors sellers) balanced by a slower pace of sales (which gives buyers some leverage).

Are you wondering how these numbers affect your specific neighborhood? Real estate is hyper-local. A home in Lansing might see different trends than a property in Okemos or Mason. If you're curious about your home's value or want a strategic plan for 2026, I’m here to help.

Contact me today for a no-obligation market analysis.

• Phone: 810-522-0558
  
  
• Email: devinfink@kw.com
  
  
• Office: KW Professionals