$593 Closing Credit*
$49,900
1,216 SqFt
3 Beds
•1 Full Bath
Tara Roberts, Listing Office: Foundations Realty
Is Carleton, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Carleton was a Buyer's Market.
Key Takeaway
Carleton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carleton, MI
How much do homes in Carleton, MI cost?
Median Sold Price
$292,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,500(+21.9%)
Key Takeaway
Homes in Carleton have sold for 21.9% more than they did a year ago.
Summary: The median home sold price in Carleton was $292,500 in November 2024, up 21.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | - | N/A |
| 2 Bedrooms | $185K | $162K | -12.4% |
| 3 Bedrooms | $239.9K | $272K | +13.4% |
| 4 Bedrooms | $315K | $337.5K | +7.1% |
| 5+ Bedrooms | $590K | $430.5K | -27.0% |
Summary: Carleton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Cities
| Carleton | $240K | $292.5K | +21.9% |
| Ash Township | $245K | $290K | +18.4% |
Housing Supply in Carleton, MI
How many homes are available in Carleton, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Carleton real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Carleton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carleton, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Carleton in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Carleton, MI
How long does it take to sell a home in Carleton, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 64 Days | +2.9% |
Summary: Homes in Carleton had an average of 64 days on market in Nov 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carleton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Carleton; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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.