$4,333 Closing Credit*
$364,900
3,752 SqFt
7 Beds
•4 Full Baths
Kurt A Jacobs, Listing Office: Alpine Realty Group-Gaylord
Is Bagley Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bagley Township was a Seller's Market.
Key Takeaway
Bagley Township 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 Bagley Township, MI
How much do homes in Bagley Township, MI cost?
Median Sold Price
$275,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$8,649(-3.0%)
Key Takeaway
Homes in Bagley Township have sold for 3% less than they did a year ago.
Summary: The median home sold price in Bagley Township was $275,000 in October 2024, down 3% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52K | $75K | +44.2% |
| 2 Bedrooms | $197.5K | $208.5K | +5.6% |
| 3 Bedrooms | $248K | $248K | 0.0% |
| 4 Bedrooms | $336K | $342K | +1.8% |
| 5+ Bedrooms | $377.5K | $384.5K | +1.9% |
Summary: Bagley Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.2%, 2 bedroom homes increased by 5.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Livingston Township | $240K | $280K | +16.7% |
| Gaylord | $259.6K | $275K | +5.9% |
| Otsego Lake Township | $290.5K | $307.5K | +5.9% |
| Bagley Township | $283.6K | $275K | -3.0% |
Housing Supply in Bagley Township, MI
How many homes are available in Bagley Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 48 | -2.0% |
Summary: The Bagley Township real estate market had 48 homes for sale in October 2024, a 2.0% 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 | 9 | 8 | -11.1% |
| 3 Bedrooms | 25 | 29 | +16.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Bagley 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 11.1%, 3 bedroom homes increased by 16%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
3 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 Bagley Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Bagley Township in October 2024, down by 38.5% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Bagley Township, MI
We’re sorry, we don't have information for this market at the moment
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