Southeast Michigan Housing Report May 2026
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SEMI 5-County Summary
5,869
Apr New Listings
+21% from last month
3,692
New Pendings
+36% from last month
3,108
Closed Sales
+16% from last month
$214
Price Per Sq. Ft.
+2% from last month
$359K
Avg. Sale Price
+3% from last month
All Price Ranges
| Feb ’26 | Mar ’26 | Apr ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 3,512 | 4,864 | 5,869 | 18,945 | 17,872 | -6% |
| New Pendings | 2,462 | 3,393 | 3,692 | 11,760 | 12,012 | 2% |
| Closed Sales | 2,345 | 2,678 | 3,108 | 10,696 | 10,324 | -3% |
| Price/SF | $191 | $210 | $214 | $198 | $202 | 2% |
| Avg Price | $313,198 | $349,252 | $358,550 | $325,077 | $336,679 | 4% |
<$200k
| Feb ’26 | Mar ’26 | Apr ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,318 | 1,641 | 1,718 | 6,905 | 6,068 | -12% |
| New Pendings | 842 | 982 | 1,062 | 3,824 | 3,784 | -1% |
| Closed Sales | 822 | 828 | 846 | 3,600 | 3,283 | -9% |
| Price/SF | $98 | $109 | $109 | $108 | $104 | -3% |
$200k to $400k
| Feb ’26 | Mar ’26 | Apr ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,260 | 1,801 | 2,200 | 6,684 | 6,546 | -2% |
| New Pendings | 1,015 | 1,411 | 1,541 | 4,828 | 4,936 | 2% |
| Closed Sales | 944 | 1,102 | 1,297 | 4,364 | 4,192 | -4% |
| Price/SF | $198 | $199 | $204 | $196 | $199 | 2% |
>$400k
| Feb ’26 | Mar ’26 | Apr ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 934 | 1,422 | 1,951 | 5,356 | 5,258 | -2% |
| New Pendings | 605 | 1,000 | 1,089 | 3,108 | 3,295 | 6% |
| Closed Sales | 579 | 748 | 965 | 2,732 | 2,849 | 4% |
| Price/SF | $247 | $267 | $263 | $250 | $256 | 2% |
