$2,945 Closing Credit*
$248,000
1,122 SqFt
3 Beds
•2 Full Baths
Jon Zickert, Listing Office: REO-TCBeulah-Frankfort-233027
Is Arcadia Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Arcadia Township was a Neutral Market.
Key Takeaway
Arcadia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arcadia Township, MI
How much do homes in Arcadia Township, MI cost?
Median Sold Price
$410,000
$159/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$70,000(+20.6%)
Key Takeaway
Homes in Arcadia Township have sold for 20.6% more than they did a month ago.
Summary: The median home sold price in Arcadia Township was $410,000 in November 2024, up 20.6% from last month, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $340K | $179K | -47.4% |
| 4 Bedrooms | - | $641K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Arcadia Township housing prices by bedroom type for November 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 decreased by 47.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Arcadia Township, MI
How many homes are available in Arcadia Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Arcadia Township real estate market had 6 homes for sale in November 2024, a 14.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Arcadia Township 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arcadia Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Arcadia Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Arcadia Township, MI
How long does it take to sell a home in Arcadia Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 64 Days | -17.9% |
Summary: Homes in Arcadia Township had an average of 64 days on market in Nov 2024, down by 17.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Arcadia Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Arcadia Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
