Is Alaiedon Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alaiedon Township is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Alaiedon Township has remained a Buyer's Market.

Key Takeaway

Alaiedon Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Alaiedon Township, MI

How much do homes in Alaiedon Township, MI cost?

Median Sold Price

$300,700

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,700(+15.7%)

Key Takeaway

Homes in Alaiedon Township have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in Alaiedon Township was $300,700 in November 2024, up 15.7% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$50K
N/A
2 $205.7K$225K
+9.4%
3 $260K$275K
+5.8%
4 $323.2K$315K
-2.6%
5+ $320K$322K
+0.6%

Summary: Alaiedon Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Cities

Alaiedon Township
+15.7%
Okemos
+9.6%
Meridian Charter Township
+9.4%
Mason
+6.1%
Holt
+1.9%

Housing Supply in Alaiedon Township, MI

How many homes are available in Alaiedon Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
810+25.0%

Summary: The Alaiedon Township real estate market had 10 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 58
+60.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Alaiedon Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alaiedon 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 Alaiedon Township in November 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 Alaiedon Township, MI

How long does it take to sell a home in Alaiedon Township, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
3 Days1 Day-66.7%

Summary: Homes in Alaiedon Township had an average of 1 days on market in Nov 2024, down by 66.7% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alaiedon Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Alaiedon 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Alaiedon Township, MI

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What housing markets are near Alaiedon Township, MI?