$29,900
2.04 Acres
Land
Paul Raymond, Listing Office: RE/MAX Select
Is Argentine Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Argentine Township has remained a Seller's Market.
Key Takeaway
Argentine Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Argentine Township, MI
How much do homes in Argentine Township, MI cost?
Median Sold Price
$305,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$53,000(-14.8%)
Key Takeaway
Homes in Argentine Township have sold for 14.8% less than they did a year ago.
Summary: The median home sold price in Argentine Township was $305,000 in September 2024, down 14.8% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $170K | +193.1% |
| 2 Bedrooms | $255K | $265K | +3.9% |
| 3 Bedrooms | $342.4K | $295K | -13.9% |
| 4 Bedrooms | $400K | $394.9K | -1.3% |
| 5+ Bedrooms | $400.5K | $642.5K | +60.4% |
Summary: Argentine Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 193.1%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 60.4%.
Median Sold Price Compared To Nearby Cities
| Deerfield Township | $282.5K | $303.9K | +7.6% |
| Fenton Charter Township | $329.6K | $339.8K | +3.1% |
| Gaines | $249.9K | $255K | +2.0% |
| Gaines Township | $241.2K | $245K | +1.6% |
| Argentine Township | $358K | $305K | -14.8% |
Housing Supply in Argentine Township, MI
How many homes are available in Argentine Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Summary: The Argentine Township real estate market had 39 homes for sale in September 2024, a 11.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 13 | 17 | +30.8% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Argentine Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Argentine Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Argentine Township in September 2024, up by 150.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 50% were sold at asking, and 30% were sold over asking.
Days on Market for Argentine Township, MI
How long does it take to sell a home in Argentine Township, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 35 Days | 14 Days | -58.4% |
Summary: Homes in Argentine Township had an average of 14 days on market in Sep 2024, down by 58.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Argentine Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 10 homes were sold in Argentine Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
