$5,124 Closing Credit*
$431,506
1,690 SqFt
3 Beds
•2 Full Baths
Adam Haffajee, Listing Office: C2C Real Estate Group
Is Argentine Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Argentine Township has remained a Seller's Market.
Key Takeaway
Argentine Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Argentine Township, MI
How much do homes in Argentine Township, MI cost?
Median Sold Price
$305,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$58,000(-16.0%)
Key Takeaway
Homes in Argentine Township have sold for 16% less than they did a year ago.
Summary: The median home sold price in Argentine Township was $305,000 in November 2024, down 16% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114K | - | N/A |
| 2 Bedrooms | $249K | $265K | +6.4% |
| 3 Bedrooms | $361.5K | $282.5K | -21.9% |
| 4 Bedrooms | $400K | $437.5K | +9.4% |
| 5+ Bedrooms | $401K | $555K | +38.4% |
Summary: Argentine Township 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 increased by 6.4%, 3 bedroom homes decreased by 21.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 38.4%.
Median Sold Price Compared To Nearby Cities
| Gaines Township | $225K | $261K | +16.0% |
| Fenton Charter Township | $328.6K | $347.9K | +5.9% |
| Deerfield Township | $272.5K | $287.4K | +5.5% |
| Argentine Township | $363K | $305K | -16.0% |
Housing Supply in Argentine Township, MI
How many homes are available in Argentine Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 22 | -18.5% |
Summary: The Argentine Township real estate market had 22 homes for sale in November 2024, a 18.5% 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 | 2 | +100.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Argentine 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Argentine Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Argentine Township in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Argentine Township, MI
How long does it take to sell a home in Argentine Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 73 Days | +28.4% |
Summary: Homes in Argentine Township had an average of 73 days on market in Nov 2024, up by 28.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Argentine Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Argentine Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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.