$2,136 Closing Credit*
$179,900
950 SqFt
2 Beds
•1 Full Bath
#50161001, Daniel Wiley, Listing Office: KW Platinum Port Huron
Is Almont, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Almont was a Neutral Market.
Key Takeaway
Almont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Almont, MI
How much do homes in Almont, MI cost?
Median Sold Price
$350,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+3.9%)
Key Takeaway
Homes in Almont have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Almont was $350,000 in October 2024, up 3.9% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $249.9K | $211.5K | -15.4% |
| 3 Bedrooms | $315K | $340.9K | +8.2% |
| 4 Bedrooms | $379K | $407.5K | +7.5% |
| 5+ Bedrooms | $441.7K | - | N/A |
Summary: Almont 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 15.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Almont Township | $337K | $352.5K | +4.6% |
| Almont | $337K | $350K | +3.9% |
Housing Supply in Almont, MI
How many homes are available in Almont, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 33 | +26.9% |
Summary: The Almont real estate market had 33 homes for sale in October 2024, a 26.9% increase 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 | 2 | 0.0% |
| 3 Bedrooms | 13 | 18 | +38.5% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Almont 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 increased by 38.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Almont, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Almont in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Almont, MI
How long does it take to sell a home in Almont, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 110 Days | 12 Days | -89.0% |
Summary: Homes in Almont had an average of 12 days on market in Oct 2024, down by 89% compared to last year.
Breakdown of Home Sale Times
7 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 Almont are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Almont; 88% of homes were sold within 30 days, 13% 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. 
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.