Vandercook Lake currently leans toward sellers, with the market gauge at 24 out of 100. Limited supply is a key factor, with just 12 homes for sale and only 1.5 months of supply. At the same time, buyers are taking longer to commit, as homes sit for a median of 91 days on the market.
Several trends help explain this mix of seller advantage and slower pace. Typical home values sit around $158,000, which is lower than Jackson County’s $185,000, but values in Vandercook Lake are down 6.7% from last year and dropped 30.09% in the past month, while the county is projected at $177,550. Listing prices are adjusting as well, with a median list price of $143,400, down 10.32% month over month, and about 16.7% of sellers making a price cut.
Buyer activity shows some softness, with pending sales down 44.44% year over year and only 5 homes currently under contract. New listings are also scarce, falling 63.64% from a year ago, with just 4 hitting the market in the latest month and inventory projected to ease to 10 homes next month. Even so, about 12.5% of sales still close above list price and homes sell for about 95.3% of asking, signaling that well-priced properties can draw interest. Whether you are a buyer seeking value in a cooling segment or a seller navigating tight inventory, Agent Pronto can connect you with an agent who understands Vandercook Lake’s numbers and trends.
