$3,561 Closing Credit*
$299,900
1,512 SqFt
5 Beds
•3 Full Baths
Desiree Thomas, Listing Office: Century 21 Affiliated
Is Cambria Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cambria Township was a Seller's Market.
Key Takeaway
Cambria Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cambria Township, MI
How much do homes in Cambria Township, MI cost?
Median Sold Price
$150,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$79,250(-34.6%)
Key Takeaway
Homes in Cambria Township have sold for 34.6% less than they did a year ago.
Summary: The median home sold price in Cambria Township was $150,000 in October 2024, down 34.6% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $119.9K | N/A |
| 2 Bedrooms | $125K | $150K | +20.0% |
| 3 Bedrooms | $280.5K | $203K | -27.6% |
| 4 Bedrooms | $350K | $48.9K | -86.0% |
| 5+ Bedrooms | - | $132K | N/A |
Summary: Cambria Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes decreased by 86%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hillsdale Township | $160.5K | $188.9K | +17.7% |
| Hillsdale | $160.5K | $188.9K | +17.7% |
| Jefferson Township | $173.5K | $197.5K | +13.8% |
| Osseo | $200K | $199K | -0.5% |
| Cambria Township | $229.2K | $150K | -34.6% |
Housing Supply in Cambria Township, MI
How many homes are available in Cambria Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Cambria Township real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cambria 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cambria Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Cambria Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Cambria Township, MI
How long does it take to sell a home in Cambria Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 163 Days | +307.5% |
Summary: Homes in Cambria Township had an average of 163 days on market in Oct 2024, up by 307.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cambria Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Cambria Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
