$7,422 Closing Credit*
$625,000
2,358 SqFt
4 Beds
•2 Full Baths, 2 Partial
Brian H Boven, Listing Office: Five Star Real Estate (Rock)
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
Since last month, Bowne Township has remained a Seller's Market.
Key Takeaway
Bowne Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bowne Township, MI
How much do homes in Bowne Township, MI cost?
Median Sold Price
$815,750
$349/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$429,000(+110.9%)
Key Takeaway
Homes in Bowne Township have sold for 110.9% more than they did a month ago.
Summary: The median home sold price in Bowne Township was $815,750 in October 2024, up 110.9% from last month, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $286.5K | $281.5K | -1.7% |
| 4 Bedrooms | $487K | - | N/A |
| 5+ Bedrooms | - | $1.3M | N/A |
Summary: Bowne Township housing prices by bedroom type for October 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 1.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Bowne Township, MI
How many homes are available in Bowne Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Summary: The Bowne Township real estate market had 10 homes for sale in October 2024, a 42.9% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bowne 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were 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 2 homes were sold or pending in Bowne Township in October 2024, the same as the previous month. Of the 2 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 27 Days | +129.2% |
Summary: Homes in Bowne Township had an average of 27 days on market in Oct 2024, up by 129.2% compared to last month.
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 Bowne Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Bowne 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.