Is Kochville Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kochville Township was a Seller's Market.
Key Takeaway
Kochville Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Kochville Township, MI
How much do homes in Kochville Township, MI cost?
Median Sold Price
$200,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Kochville Township have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Kochville Township was $200,000 in May 2024, up 8.1% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127.9K | $134K | +4.8% |
| 3 Bedrooms | $190.2K | $194.5K | +2.2% |
| 4 Bedrooms | $270K | $215K | -20.4% |
| 5+ Bedrooms | $185K | - | N/A |
Summary: Kochville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saginaw Charter Township | $119.2K | $137.5K | +15.3% |
| Kochville Township | $185K | $200K | +8.1% |
| Zilwaukee | $122.1K | $132K | +8.1% |
| Frankenlust Township | $299.9K | $262.9K | -12.3% |
Housing Supply in Kochville Township, MI
How many homes are available in Kochville Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Kochville Township real estate market had 6 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Kochville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kochville Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Kochville Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Kochville Township, MI
How long does it take to sell a home in Kochville Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 24 Days | +84.6% |
Summary: Homes in Kochville Township had an average of 24 days on market in May 2024, up by 84.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kochville Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Kochville Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.