$5,047 Closing Credit*
$425,000
2,592 SqFt
4 Beds
•3 Full Baths
Ryan Milo, Listing Office: EXP Realty - Shelby
Is Allenton, 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, Allenton was a Neutral Market.
Key Takeaway
Allenton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allenton, MI
How much do homes in Allenton, MI cost?
Median Sold Price
$382,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$87,500(+29.7%)
Key Takeaway
Homes in Allenton have sold for 29.7% more than they did a year ago.
Summary: The median home sold price in Allenton was $382,500 in November 2024, up 29.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $237.5K | N/A |
| 3 Bedrooms | $300K | $385K | +28.3% |
| 4 Bedrooms | $55.5K | $390K | +602.7% |
| 5+ Bedrooms | $295K | $146K | -50.5% |
Summary: Allenton 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 did not change, 3 bedroom homes increased by 28.3%, 4 bedroom homes increased by 602.7%, and 5+ bedroom homes decreased by 50.5%.
Median Sold Price Compared To Nearby Cities
| Allenton | $295K | $382.5K | +29.7% |
| Berlin Township | $295K | $382.5K | +29.7% |
| Almont Township | $341K | $348.4K | +2.2% |
Housing Supply in Allenton, MI
How many homes are available in Allenton, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The Allenton real estate market had 13 homes for sale in November 2024, a 18.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Allenton 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 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Allenton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Allenton in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Allenton, MI
How long does it take to sell a home in Allenton, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 29 Days | +125.6% |
Summary: Homes in Allenton had an average of 29 days on market in Nov 2024, up by 125.6% 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
Key Takeaway
Many homes in Allenton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Allenton; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.