$9,797 Closing Credit*
$825,000
2,849 SqFt
4 Beds
•2 Full Baths, 1 Partial
Kristina L Tanner, Listing Office: Five Star Real Estate (Ada)
Is Bowne Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bowne Township was a Seller's Market.
Key Takeaway
Bowne Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bowne Township, MI
How much do homes in Bowne Township, MI cost?
Median Sold Price
$397,000
$239/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$418,750(-51.3%)
Key Takeaway
Homes in Bowne Township have sold for 51.3% less than they did a month ago.
Summary: The median home sold price in Bowne Township was $397,000 in November 2024, down 51.3% from last month, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $281.5K | $397K | +41.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $1.3M | - | N/A |
Summary: Bowne 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 did not change, 3 bedroom homes increased by 41%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Campbell Township | $282.5K | $262.5K | -7.1% |
| Bowne Township | $815.7K | $397K | -51.3% |
Housing Supply in Bowne Township, MI
How many homes are available in Bowne Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Bowne Township real estate market had 9 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Bowne 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -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
Key Takeaway
If you're buying a home in Bowne 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 Bowne 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 Bowne Township, MI
How long does it take to sell a home in Bowne Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 18 Days | -36.8% |
Summary: Homes in Bowne Township had an average of 18 days on market in Nov 2024, down by 36.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bowne Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Bowne Township; 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.
