Is Atlantic Mine, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlantic Mine is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Atlantic Mine has remained a Neutral Market.

Key Takeaway

Atlantic Mine is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Atlantic Mine, MI

How much do homes in Atlantic Mine, MI cost?

Median Sold Price

$324,000

$169/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$76,000(-19.0%)

Key Takeaway

Homes in Atlantic Mine have sold for 19% less than they did a month ago.

Summary: The median home sold price in Atlantic Mine was $324,000 in November 2024, down 19% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $400K$324K
-19.0%
4 --
N/A
5+ --
N/A

Summary: Atlantic Mine 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 19%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Atlantic Mine, MI

How many homes are available in Atlantic Mine, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
76-14.3%

Summary: The Atlantic Mine 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

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 32
-33.3%
4 11
0.0%
5+ 11
0.0%

Summary: The Atlantic Mine 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlantic Mine, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Atlantic Mine in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Atlantic Mine, MI

How long does it take to sell a home in Atlantic Mine, MI?

Average Sale Time

Oct 2024Nov 2024CHANGE
94 Days60 Days-36.2%

Summary: Homes in Atlantic Mine had an average of 60 days on market in Nov 2024, down by 36.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Atlantic Mine has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Atlantic Mine; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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