{"id":58296,"date":"2025-05-23T16:05:15","date_gmt":"2025-05-23T23:05:15","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=58296"},"modified":"2025-07-16T10:08:17","modified_gmt":"2025-07-16T17:08:17","slug":"cost-of-selling-a-house-in-michigan","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/cost-of-selling-a-house-in-michigan\/","title":{"rendered":"What Is the Cost of Selling a House in Michigan?"},"content":{"rendered":"

If you\u2019re like many residents in Michigan, your home is probably your most significant financial asset. Selling it is a major decision. Whether you’re moving to a different state, relocating to the suburbs, or looking to downsize, you probably want the selling process to be as seamless and profitable as possible.<\/p>\n

As you plan your sale, understanding the costs involved in selling your Michigan home is essential. This article outlines what expenses you can expect and provides expert insights to help you navigate the selling process.<\/p>\n

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What's Your Michigan Home Worth?<\/h3>\n

Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.<\/p>\n \n

\n Get Estimate<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n
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Housing trends in Michigan<\/h2>\n

Similar to the national real estate landscape, the Michigan housing market is facing high interest rates and rising home prices.<\/p>\n

\u201cThere\u2019s lots of buyer activity in the market, and because it\u2019s still generally a seller\u2019s market, we\u2019re seeing home values continue to appreciate. But now we\u2019re back down to a more sustainable, normal level of appreciation\u2014around 4% to 6% a year,\u201d says Kate Hayman<\/a>, a top Michigan real estate agent who works with over 65% more single-family homes than the average agent in her market.<\/p>\n

Here\u2019s a snapshot of the current real estate conditions in Michigan:<\/p>\n\n\n\n\n\n\n\n\n
<\/td>\nAs of April 2025<\/strong><\/td>\n<\/tr>\n
Days on market<\/td>\n28 days<\/td>\n<\/tr>\n
Median home sale price<\/td>\n$249,100<\/td>\n<\/tr>\n
List price vs. sale price<\/td>\n97.6%<\/td>\n<\/tr>\n
Supply of inventory<\/td>\n3 months<\/td>\n<\/tr>\n
Population growth year over year<\/td>\n0.56%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Sources: Redfin<\/a>, World Population Review<\/a><\/p>\n

As a seller in Michigan, one important metric to consider is the days on market<\/a> (DOM), which indicates the time from listing to securing a signed purchase agreement<\/a>. In Michigan, the median DOM is 28 days.<\/p>\n

\u201cWhen a home is priced appropriately for the market, it’s typically selling within three to seven days, especially in the cities or more popular areas,\u201d says Hayman. \u201cIn more rural areas, like a client I have now who\u2019s looking to buy 20 acres outside the metro, homes are taking more like 30 days. That\u2019s simply because there\u2019s less activity in those markets.\u201d<\/p>\n

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Start with a home value estimate<\/h2>\n

A critical first step in estimating the cost of selling your home in Michigan is to obtain an accurate home value estimate.<\/p>\n

Given the fluctuations in values and markets, checking your home\u2019s worth before selling is advised. You might be pleasantly surprised by its value.<\/p>\n

You can quickly request an online value estimate using HomeLight\u2019s Home Value Estimator<\/a>. This free automated valuation model<\/a> (AVM) tool utilizes recent sales data, local market trends, and your home\u2019s latest selling price to provide a ballpark value range in under two minutes. Just enter your address<\/a> to begin.<\/p>\n

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How much does it cost to sell a house in Michigan?<\/h2>\n

The answer varies. Based on our research, the cost to sell a home in Michigan typically ranges from 6% to 10% of your home\u2019s final selling price.<\/p>\n

For instance, if you sell your home for $249,100 \u2014 the median home price<\/a> in Michigan \u2014 your selling costs could be approximately $14,946 to $24,910.<\/p>\n

Which end of this estimate you can expect to pay will largely depend on your choices regarding home preparations, agent commissions, and any concessions you plan to offer to the buyer. Let\u2019s explore a breakdown of which expenses to consider when calculating the cost of selling a home in Michigan.<\/p>\n

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What are common expenses for sellers in Michigan?<\/h2>\n

Hayman notes that the cost of selling a house in Michigan can vary significantly based on the state\u2019s evolving market.<\/p>\n

\u201cTypically, you’ll pay between 6.5% and maybe as much as 8%, depending on the specifics \u2014 especially if there are additional costs like water escrows or a rent-back arrangement if you’re staying in the home after closing,\u201d Hayman says.<\/p>\n

Several factors can affect the cost of preparing your home for sale, including its size, age, and condition. Below, we\u2019ve included some estimated prices to guide you as you plan.<\/p>\n

Prepping your house for sale<\/h3>\n

Preparing your Michigan home for sale generally costs between 1.5% and 2.7% of your home\u2019s final sale price. Based on the median price of a house in Michigan, this could range from $3,736 to $6,725.<\/p>\n

Here\u2019s a breakdown of these expenses:<\/p>\n