Real Estate Market Update for Muskegon, MI
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 6% from one year earlier, and down 1% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 80-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 3%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 110-thousand dollars. The number of units sold decreased 11% year-over-year, and decreased 18% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Muskegon, MI
Area Information for Muskegon, MI
  • Population: 37,986
  • Median Age: 33.21 yr
  • Median Commute Time: 15.51 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 2,673/sq mi
  • Population Change Since 2000: -2.38%
  • Closest Airport: Muskegon County
  • Closest College: Baker College-muskegon
  • Closest Jr. College: Muskegon Community College
  • Median Household Income: $27,395
  • Annual Residential Turnover: 9.88%
  • Median Years in Residence: 3.55 yr
  • Median Home Sales Price: $55,000
  • Closest Major Sports Team: Brewers
  • Change Avg. Household Income Since 2000: -2%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Muskegon, MI
Median Age: 33.21 Married: 21% Number of Households: 13,932 Households with Children: 4,406
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Muskegon, MI

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Maisd Early On Program 0.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Maisd Early Childhood Program 0.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Early College Of Muskegon County 0.4 mi Public 9-12 0 0
      Muskegon Area Career Tech Center 0.6 mi Public 11-12 0 0
      Cardinal Elementary 0.7 mi Public 2-5 2 4
      Orchard View High School 0.9 mi Public 9-12 2 2
      Muskegon Middle School 1.0 mi Public 7-8 1 0
      Marquette School 1.0 mi Public PRESCHOOL-6 3 1
      Timberland Academy 1.1 mi Public K-8 1 4
      Orchard View Middle School 1.1 mi Public 6-8 1 3
      North East Education Center 1.1 mi Public K-12 0 0
      Wesley School 1.2 mi Public UNGRADE-UNGRADE 0 0
      Muskegan Christian School 1.4 mi Private PRESCHOOL-6 0 5
      Oakview Elementary School 1.5 mi Public PRESCHOOL-6 2 0
      Three Oaks Public School Academy 1.5 mi Public PRESCHOOL-5 1 4
      Orchard View Early Elementary 1.6 mi Public PRESCHOOL-1 0 4
      Muskegon Community Education Center 1.7 mi Public K-12 0 0
      You Turn Program 2.3 mi Public 7-12 0 0
      Muskegon Sda School 2.3 mi Private 1-8 0 3
      Moon Elementary School 2.6 mi Public PRESCHOOL-6 0 5
      Muskegon High School 2.7 mi Public 9-12 1 4
      Broadway Baptist School 2.9 mi Private 1-12 0 0
      Reeths-puffer High School 2.9 mi Public 9-12 2-5 4
      Reeths-puffer Special Education Consortium 2.9 mi Public K-12 0 0
      Reeths-puffer Elementary School 2.9 mi Public PRESCHOOL-4 2-5 5
      Reeths-puffer Intermediate School 3.1 mi Public 5-6 1 4
      Nelson Elementary School 3.2 mi Public PRESCHOOL-6 1 5
      Muskegon Heights Academy 3.3 mi Public 7-12 0 0
      Dr Martin Luther King Academy 3.4 mi Public 2-6 0 0
      Edgewood Elementary School 3.6 mi Public K-1 0 0
      Beach Elementary School 3.6 mi Public PRESCHOOL-5 4 4
      Oakridge Alternative & Adult Ed 3.6 mi Public 9-12 0 0
      North Muskegon Middle School 3.7 mi Public K-12 4 4
      North Muskegon High School 3.7 mi Public 6-12 4-5 4
      North Muskegon Elementary School 3.7 mi Public K-5 3 4
      Muskegon Catholic Central Elementary School 4.0 mi Private PRESCHOOL-12 0 0
      Muskegon Catholic Central High School 4.0 mi Catholic 7-12 5 5
      Oakridge Lower Elementary School 4.2 mi Public PRESCHOOL-3 0 3
      Shettler School 4.2 mi Public K-5 2 4
      Glenside 4.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Oakridge High School 4.4 mi Public 9-12 2-5 3
      Oakridge Upper Elementary School 4.5 mi Public 4-6 1 1
      Oakridge Middle School 4.5 mi Public 7-8 3 4
      Campbell Elementary School 5.0 mi Public K-5 2 4
      West Shore Lutheran School 5.2 mi Private PRESCHOOL-8 0 5
      Mona Shores High School 5.3 mi Public 9-12 4 4
      Ross Park Elementary School 5.3 mi Public PRESCHOOL-5 2 4
      Lakeside Elementary 5.4 mi Public K-6 2-5 0
      Mona Shores Middle School 5.5 mi Public 6-8 2-5 4
      Muskegon Montessori Academy For Environmental Change 5.6 mi Public PRESCHOOL-8 0 0
      Pennsylvania Elementary School 5.7 mi Public K-K 0 0
      Western Michigan Christian High School 5.7 mi Private 7-12 4-5 0
      Central Elementary School 5.8 mi Public PRESCHOOL-4 1 0
      Lincoln Park Elementary School 5.8 mi Public K-5 2-5 4
      Reeths-puffer Middle School 5.9 mi Public 7-8 2 4
      Mcmillan Elementary School 6.0 mi Public PRESCHOOL-4 1 4
      Churchill Elementary School 6.7 mi Public K-5 4 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Muskegon, MI
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.