$1,069 Closing Credit*
$90,000
1,272 SqFt
3 Beds
•1 Full Bath
Peter D Pontoni, Listing Office: Pontoni Realty & Rentals
Is Athens, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Athens has remained a Seller's Market.
Key Takeaway
Athens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Athens, MI
How much do homes in Athens, MI cost?
Median Sold Price
$180,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$26,000(+16.9%)
Key Takeaway
Homes in Athens have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Athens was $180,000 in September 2024, up 16.9% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115.5K | $190K | +64.4% |
| 3 Bedrooms | $154K | $175K | +13.6% |
| 4 Bedrooms | $157.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Athens housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 64.4%, 3 bedroom homes increased by 13.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Athens Township | $155K | $190K | +22.6% |
| Athens | $154K | $180K | +16.9% |
Housing Supply in Athens, MI
How many homes are available in Athens, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Athens real estate market had 6 homes for sale in September 2024, a 33.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Athens housing inventory by bedroom type for September 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 28.6%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Athens, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Athens in September 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Athens, MI
How long does it take to sell a home in Athens, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 14 Days | 5 Days | -65.5% |
Summary: Homes in Athens had an average of 5 days on market in Sep 2024, down by 65.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Athens are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Athens; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
