Is Crawford County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Crawford County has remained a Seller's Market.
Housing Prices in Crawford County, MI
How much do homes in Crawford County, MI cost?
Median Sold Price
$199,575
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Crawford County was $199,575 in May 2024, up 18.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $58.5K | -38.4% |
2 Bedrooms | $130K | $165K | +26.9% |
3 Bedrooms | $180K | $211K | +17.2% |
4 Bedrooms | $240K | $195K | -18.8% |
5+ Bedrooms | $278.9K | $300K | +7.6% |
Summary: Crawford County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.4%, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Counties
Crawford County | $168K | $199.5K | +18.8% |
Montmorency County | $145K | $159.9K | +10.3% |
Roscommon County | $169.1K | $177K | +4.7% |
Otsego County | $240K | $247K | +2.9% |
Oscoda County | $130K | $113K | -13.1% |
Housing Supply in Crawford County, MI
How many homes are available in Crawford County, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 64 | +14.3% |
Summary: The Crawford County real estate market had 64 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 16 | 13 | -18.8% |
3 Bedrooms | 27 | 33 | +22.2% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Crawford County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Crawford County in May 2024, the same as the previous month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Crawford County, MI
How long does it take to sell a home in Crawford County, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 16 Days | -25.8% |
Summary: Homes in Crawford County had an average of 16 days on market in May 2024, down by 25.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Crawford County; 13% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.