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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allouez Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Allouez Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Allouez Township, MI

How much do homes in Allouez Township, MI cost?

Median Sold Price

$45,000

$28/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$280,500(-86.2%)

Key Takeaway

Homes in Allouez Township have sold for 86.2% less than they did a month ago.

Summary: The median home sold price in Allouez Township was $45,000 in October 2024, down 86.2% from last month, and the median price per square foot was $28.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $575K-
N/A
3 $76K-
N/A
4 -$45K
N/A
5+ --
N/A

Summary: Allouez Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Allouez Township, MI

How many homes are available in Allouez Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Allouez Township real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 76
-14.3%
4 01
+100.0%
5+ 00
0.0%

Summary: The Allouez 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 decreased by 25%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 Allouez 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 Allouez Township in October 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 Allouez Township, MI

We’re sorry, we don't have information for this market at the moment

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 Allouez Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Allouez 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 21 Days Ago

Newest Listings in Allouez Township, MI

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