$711 Closing Credit*
$59,900
980 SqFt
3 Beds
•1 Full Bath
Brittany Felde, Listing Office: Felde Realty
Is Big Prairie 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, Big Prairie Township has remained a Seller's Market.
Key Takeaway
Big Prairie Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Big Prairie Township, MI
How much do homes in Big Prairie Township, MI cost?
Median Sold Price
$157,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$42,500(-21.3%)
Key Takeaway
Homes in Big Prairie Township have sold for 21.3% less than they did a year ago.
Summary: The median home sold price in Big Prairie Township was $157,000 in October 2024, down 21.3% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110.3K | $79K | -28.4% |
| 2 Bedrooms | $150K | $155K | +3.3% |
| 3 Bedrooms | $226K | $217.5K | -3.8% |
| 4 Bedrooms | $160K | - | N/A |
| 5+ Bedrooms | $260K | - | N/A |
Summary: Big Prairie Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Croton Township | $280K | $317.4K | +13.4% |
| Mecosta Township | $178.5K | $197K | +10.4% |
| Big Prairie Township | $199.5K | $157K | -21.3% |
Housing Supply in Big Prairie Township, MI
How many homes are available in Big Prairie Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Big Prairie Township real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Big Prairie 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 25%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Big Prairie Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Big Prairie Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Big Prairie Township, MI
How long does it take to sell a home in Big Prairie Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 22 Days | +106.3% |
Summary: Homes in Big Prairie Township had an average of 22 days on market in Oct 2024, up by 106.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Big Prairie Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Big Prairie Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
