$7,303 Closing Credit*
$615,000
3,791 SqFt
5 Beds
•3 Full Baths, 1 Partial
Ingrid C Anastasiu, Listing Office: Keller Williams GR East
Is Cascade Charter Township, 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, Cascade Charter Township was a Seller's Market.
Key Takeaway
Cascade Charter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cascade Charter Township, MI
How much do homes in Cascade Charter Township, MI cost?
Median Sold Price
$573,333
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$42,083(+7.9%)
Key Takeaway
Homes in Cascade Charter Township have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Cascade Charter Township was $573,333 in November 2024, up 7.9% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208K | $415K | +99.5% |
| 2 Bedrooms | $307.5K | $318.7K | +3.7% |
| 3 Bedrooms | $423.5K | $419K | -1.1% |
| 4 Bedrooms | $577.5K | $645K | +11.7% |
| 5+ Bedrooms | $675.5K | $872.5K | +29.2% |
Summary: Cascade Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99.5%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 29.2%.
Median Sold Price Compared To Nearby Cities
| Ada | $576.7K | $675K | +17.0% |
| Ada Township | $570K | $650K | +14.0% |
| Cascade Charter Township | $531.2K | $573.3K | +7.9% |
| Kentwood | $300K | $321.7K | +7.2% |
| Caledonia Township | $390K | $400K | +2.6% |
Housing Supply in Cascade Charter Township, MI
How many homes are available in Cascade Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 67 | -11.8% |
Summary: The Cascade Charter Township real estate market had 67 homes for sale in November 2024, a 11.8% 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 | 13 | 12 | -7.7% |
| 3 Bedrooms | 20 | 13 | -35.0% |
| 4 Bedrooms | 27 | 26 | -3.7% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The Cascade Charter Township 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 7.7%, 3 bedroom homes decreased by 35%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 9 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cascade Charter Township, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Cascade Charter Township in November 2024, down by 57.1% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for Cascade Charter Township, MI
How long does it take to sell a home in Cascade Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 48 Days | +64.3% |
Summary: Homes in Cascade Charter Township had an average of 48 days on market in Nov 2024, up by 64.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cascade Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Cascade Charter Township; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
