$3,681 Closing Credit*
$310,000
2,052 SqFt
7 Beds
•2 Full Baths, 1 Partial
Amanda DeMeyers, Listing Office: Houghton Lake Realty
Is Albert Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Albert Township was a Seller's Market.
Key Takeaway
Albert Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Albert Township, MI
How much do homes in Albert Township, MI cost?
Median Sold Price
$227,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,500(+8.9%)
Key Takeaway
Homes in Albert Township have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Albert Township was $227,500 in November 2024, up 8.9% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.2K | $190K | +62.0% |
| 2 Bedrooms | $143.5K | $145K | +1.0% |
| 3 Bedrooms | $207K | $230K | +11.1% |
| 4 Bedrooms | $335K | $362K | +8.1% |
| 5+ Bedrooms | $454.5K | $680K | +49.6% |
Summary: Albert Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 49.6%.
Median Sold Price Compared To Nearby Cities
| Lewiston | $165K | $180K | +9.1% |
| Albert Township | $209K | $227.5K | +8.9% |
| Greenwood Township | $162K | $168.9K | +4.3% |
Housing Supply in Albert Township, MI
How many homes are available in Albert Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 25 | -21.9% |
Summary: The Albert Township real estate market had 25 homes for sale in November 2024, a 21.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 7 | -36.4% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Albert Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Albert Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Albert Township in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Albert Township, MI
We’re sorry, we don't have information for this market at the moment
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