$4,572 Closing Credit*
$385,000
1,182 SqFt
4 Beds
•2 Full Baths
Mary Beth Sons, Listing Office: Redzone Realty Group, LLC
Is Almena 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, Almena Township has remained a Seller's Market.
Key Takeaway
Almena Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Almena Township, MI
How much do homes in Almena Township, MI cost?
Median Sold Price
$346,525
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,425(-1.0%)
Key Takeaway
Homes in Almena Township have sold for 1% less than they did a year ago.
Summary: The median home sold price in Almena Township was $346,525 in October 2024, down 1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $250K | -16.7% |
| 3 Bedrooms | $295K | $340K | +15.3% |
| 4 Bedrooms | $350K | $345.7K | -1.2% |
| 5+ Bedrooms | $375K | $500K | +33.3% |
Summary: Almena 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 16.7%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
| Alamo Township | $300K | $432.5K | +44.2% |
| Oshtemo Charter Township | $324.9K | $335K | +3.1% |
| Pine Grove Township | $244.9K | $247.5K | +1.0% |
| Almena Township | $349.9K | $346.5K | -1.0% |
Housing Supply in Almena Township, MI
How many homes are available in Almena Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Summary: The Almena Township real estate market had 20 homes for sale in October 2024, a 16.7% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 11 | 5 | -54.5% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Almena 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 increased by 50%, 3 bedroom homes decreased by 54.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Almena Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Almena Township in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Almena Township, MI
How long does it take to sell a home in Almena Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 52 Days | +249.3% |
Summary: Homes in Almena Township had an average of 52 days on market in Oct 2024, up by 249.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Almena Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Almena Township; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
