$2,375 Closing Credit*
$199,999
1,378 SqFt
3 Beds
•1 Full Bath
Charles B Ebel, Listing Office: Homeland Homes, Inc
Is Argentine 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, 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
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$62,000(-16.9%)
Key Takeaway
Homes in Argentine Township have sold for 16.9% less than they did a year ago.
Summary: The median home sold price in Argentine Township was $305,000 in October 2024, down 16.9% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114K | - | N/A |
| 2 Bedrooms | $254.5K | $265K | +4.1% |
| 3 Bedrooms | $350K | $282.5K | -19.3% |
| 4 Bedrooms | $400K | $430K | +7.5% |
| 5+ Bedrooms | $400.5K | $555K | +38.6% |
Summary: Argentine 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 increased by 4.1%, 3 bedroom homes decreased by 19.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 38.6%.
Median Sold Price Compared To Nearby Cities
| Gaines Township | $239.9K | $254K | +5.9% |
| Fenton Charter Township | $329K | $345K | +4.8% |
| Gaines | $247K | $255K | +3.2% |
| Deerfield Township | $284.8K | $287.4K | +0.9% |
| Argentine Township | $367K | $305K | -16.9% |
Housing Supply in Argentine Township, MI
How many homes are available in Argentine Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 28 | -30.0% |
Summary: The Argentine Township real estate market had 28 homes for sale in October 2024, a 30.0% 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 | 8 | 2 | -75.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Argentine 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 75%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Argentine Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Argentine Township in October 2024, down by 30.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 21 Days | +503.2% |
Summary: Homes in Argentine Township had an average of 21 days on market in Oct 2024, up by 503.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Argentine Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Argentine Township; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
