$7,064 Closing Credit*
$594,900
3,330 SqFt
5 Beds
•2 Full Baths
Tamara McLeod Helsel, Listing Office: CITY2SHORE REAL ESTATE - N. MICHIGAN
Is Caldwell 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, Caldwell Township was a Seller's Market.
Key Takeaway
Caldwell Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Caldwell Township, MI
How much do homes in Caldwell Township, MI cost?
Median Sold Price
$550,000
$291/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$405,050(+279.4%)
Key Takeaway
Homes in Caldwell Township have sold for 279.4% more than they did a month ago.
Summary: The median home sold price in Caldwell Township was $550,000 in October 2024, up 279.4% from last month, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239.9K | - | N/A |
| 3 Bedrooms | $50K | $550K | +1000.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Caldwell 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 increased by 1000%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Caldwell Township | $144.9K | $550K | +279.4% |
| Pioneer Township | $325K | $305K | -6.2% |
| Forest Township | $280K | $115K | -58.9% |
Housing Supply in Caldwell Township, MI
How many homes are available in Caldwell Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Caldwell Township real estate market had 10 homes for sale in October 2024, a 9.1% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Caldwell 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 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 Caldwell 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 Caldwell Township in October 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 Caldwell Township, MI
How long does it take to sell a home in Caldwell Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 90 Days | +275.0% |
Summary: Homes in Caldwell Township had an average of 90 days on market in Oct 2024, up by 275% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Caldwell Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Caldwell Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
