Is Bois Blanc Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bois Blanc Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bois Blanc Township has remained a Seller's Market.

Key Takeaway

Bois Blanc Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bois Blanc Township, MI

How much do homes in Bois Blanc Township, MI cost?

Median Sold Price

$139,000

$210/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$135,000(-49.3%)

Key Takeaway

Homes in Bois Blanc Township have sold for 49.3% less than they did a month ago.

Summary: The median home sold price in Bois Blanc Township was $139,000 in November 2024, down 49.3% from last month, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $274K$139K
-49.3%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Bois Blanc Township 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 decreased by 49.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bois Blanc Township
-49.3%
Pointe Aux Pins
-50.9%

Housing Supply in Bois Blanc Township, MI

How many homes are available in Bois Blanc Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Bois Blanc Township real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 22
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Bois Blanc Township 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

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 Bois Blanc Township, 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 Bois Blanc Township in November 2024, down by 50.0% month-over-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 Bois Blanc Township, MI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Bois Blanc Township, MI

Nearby Markets to Bois Blanc Township, MI