$10,000 Closing Credit*
$850,000
1,723 SqFt
3 Beds
•2 Full Baths
John Russell, Listing Office: Kidd & Leavy Real Estate Co. LLC
Is Alanson, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Alanson has remained a Seller's Market.
Key Takeaway
Alanson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alanson, MI
How much do homes in Alanson, MI cost?
Median Sold Price
$322,750
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,000(-0.3%)
Key Takeaway
The sold price of homes in Alanson has remained the same since last year.
Summary: The median home sold price in Alanson was $322,750 in November 2024, down 0.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $101K | N/A |
| 2 Bedrooms | $246K | $241K | -2.0% |
| 3 Bedrooms | $316.5K | $305K | -3.6% |
| 4 Bedrooms | $525.5K | $525K | -0.1% |
| 5+ Bedrooms | $570K | $1.0M | +84.1% |
Summary: Alanson 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 decreased by 2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 84.1%.
Median Sold Price Compared To Nearby Cities
| Alanson | $323.7K | $322.7K | -0.3% |
| Littlefield Township | $316.5K | $300K | -5.2% |
Housing Supply in Alanson, MI
How many homes are available in Alanson, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Summary: The Alanson real estate market had 30 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Alanson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Alanson, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Alanson in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Alanson, MI
We’re sorry, we don't have information for this market at the moment
© 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.