$2,849 Closing Credit*
$239,900
988 SqFt
3 Beds
•2 Full Baths
Rachel Tell, Listing Office: Case Realty Group
Is Algansee Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Algansee Township has remained a Seller's Market.
Key Takeaway
Algansee Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Algansee Township, MI
How much do homes in Algansee Township, MI cost?
Median Sold Price
$289,900
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$92,400(+46.8%)
Key Takeaway
Homes in Algansee Township have sold for 46.8% more than they did a year ago.
Summary: The median home sold price in Algansee Township was $289,900 in October 2024, up 46.8% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145K | $118K | -18.6% |
| 3 Bedrooms | $320K | $252.4K | -21.1% |
| 4 Bedrooms | $130K | $410K | +215.4% |
| 5+ Bedrooms | $542.6K | $258.9K | -52.3% |
Summary: Algansee Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 215.4%, and 5+ bedroom homes decreased by 52.3%.
Median Sold Price Compared To Nearby Cities
| Algansee Township | $197.5K | $289.9K | +46.8% |
| Allen Township | $205K | $219.7K | +7.2% |
| Quincy Township | $197.5K | $205K | +3.8% |
| Reading Township | $169K | $171.2K | +1.3% |
Housing Supply in Algansee Township, MI
How many homes are available in Algansee Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Algansee Township real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Algansee Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 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 Algansee Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Algansee Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Algansee Township, MI
How long does it take to sell a home in Algansee Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 57 Days | +111.1% |
Summary: Homes in Algansee Township had an average of 57 days on market in Oct 2024, up by 111.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Algansee Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Algansee Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
