Mid-Year Housing Market Check-In: What’s Next for Buyers and Sellers in 2025?

We’re already halfway through 2025—can you believe it? If you’ve been thinking about buying a home or selling one in Livingston County, Michigan, now is the perfect time to take a closer look at the market. The first half of the year has shown some interesting trends, and the second half might hold big opportunities.

This blog will walk you through what’s been happening in the real estate world this year so far, what might happen next, and how to make the best move (literally) whether you’re buying or selling. Don’t worry—everything is explained simply and clearly, even if you’re not a real estate expert.

How the First Half of 2025 Has Unfolded

Mortgage Rates: Up, Down, and Holding Steady

In early 2025, mortgage rates were still high, hanging around 6.75% to 7%. That made some buyers pause, hoping things would go lower. While there were a few small dips, rates mostly stayed the same—and buyers are now learning how to work around them by shopping smarter, getting pre-approved, and choosing the right lender. In Livingston County, this shift means fewer bidding wars, and more thoughtful offers.

Tip: Talk to a local lender about locking in a rate early if you’re serious about buying. It can save you money later.

Inventory Remains Tight

Not many new homes are hitting the market. Homeowners who refinanced at super-low rates in past years are staying put. That means buyers have fewer choices, but sellers with nice, well-maintained homes are seeing strong interest—especially in popular towns like Howell, Brighton, and Pinckney.

Tip for buyers: If you find a home that checks most of your boxes, act fast!

Tip for sellers: Make your home stand out with clean landscaping, updated photos, and good staging.

Home Prices Are Holding, But Growth Is Slower

In 2020–2022, prices rose fast. In 2025, prices are still high, but the rapid jumps have slowed. Most homes in Livingston County are still priced above pre-pandemic levels. But now, buyers are more cautious and homes that are overpriced sit on the market longer.

Tip for sellers: Price your home realistically. Overpricing can scare away serious buyers.

Tip for buyers: Look for homes that have been on the market for a few weeks—you may have room to negotiate.

What’s Ahead for Late Summer and Fall

Summer: Still a Hot Time to Move

People often move in summer, especially families trying to settle in before the new school year starts. Expect more showings, more serious buyers, and a bit more competition. If your home is clean, move-in ready, and priced right, it might sell quickly.

Tip: List your home in July for maximum summer exposure. Bonus if it’s near parks, lakes, or great schools!

Fall: A Slower but Still Solid Market

In fall, fewer homes are listed, but also fewer people are shopping. That means less competition, which could be great for patient buyers or sellers who missed the summer window. Homes that stay on the market into fall may be more negotiable.

Tip: Sellers can stand out in fall with cozy seasonal staging—think pumpkins, warm lighting, and tidy yards with raked leaves.

Tip: Buyers may get better deals in fall, especially from sellers eager to close before the holidays.

Should You Act Now or Wait?

It depends! Here’s how to decide based on your situation:

Thinking of Selling?

Now is a great time if:

• Your home is ready to go with minimal repairs
• You want to attract summer buyers
• You’re aiming to close before school starts or winter weather hits

You might wait if:

• You’re still updating your home or decluttering
• You want to avoid moving during a busy time
• You’re waiting for market conditions to shift or for more equity

Extra Seller Tip: Buyers in summer want outdoor space! Tidy up the yard, repaint that faded front door, and set up some patio furniture.

Thinking of Buying?

Now might be right if:

• You’re already pre-approved for a mortgage
• You’ve found a trusted local realtor
• You’re ready to make a move during summer

Consider waiting if:

• You’re still saving for a down payment
• You want to see if rates go down in fall
• You’re flexible and not in a rush

Extra Buyer Tip: Don’t skip the inspection, even in a competitive market. It could save you thousands later.

Why Working With a Local Realtor Matters More Than Ever

The Livingston County real estate market has its own rhythm. What’s happening in Southeast Michigan isn’t always the same as national headlines. That’s why partnering with a local realtor—someone who knows neighborhoods, pricing trends, and schools—is a huge advantage.

A local realtor can:

• Help you time your sale or purchase for the best results
• Price your home based on recent nearby sales
• Spot red flags during tours
• Connect you with lenders, inspectors, and contractors
• Help you make smart offers and negotiate effectively

Tip: Choose a realtor who’s experienced, responsive, and genuinely cares about your goals—not just the sale.

Stay Informed and Make a Plan

The 2025 housing market is steady but competitive. For buyers, it’s all about preparation. For sellers, it’s about presentation and pricing. Whether you’re upsizing, downsizing, or buying your very first home, taking the time to plan, learn, and work with the right people can make all the difference.

Ready to make a move in Livingston County?

Whether you want to buy, sell, or just ask questions, we’re here to help. Let’s figure out the best timing for you—not just the market.