$10,000 Closing Credit*
$2,195,900
2,220 SqFt
4 Beds
•4 Full Baths, 1 Partial
Sandi L Gentry, Listing Office: RE/MAX Lakeshore
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 October 2023
Since last year, Cascade Charter Township has remained a Seller's Market.
Key Takeaway
Cascade Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cascade Charter Township, MI
How much do homes in Cascade Charter Township, MI cost?
Median Sold Price
$552,500
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,500(+0.8%)
Key Takeaway
Homes in Cascade Charter Township have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Cascade Charter Township was $552,500 in October 2024, up 0.8% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208K | - | N/A |
| 2 Bedrooms | $307.5K | $331.2K | +7.7% |
| 3 Bedrooms | $425K | $418K | -1.6% |
| 4 Bedrooms | $582.5K | $640K | +9.9% |
| 5+ Bedrooms | $675.5K | $863.7K | +27.9% |
Summary: Cascade Charter 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 7.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 27.9%.
Median Sold Price Compared To Nearby Cities
| Ada Township | $575K | $647.4K | +12.6% |
| Ada | $587.2K | $650K | +10.7% |
| Kentwood | $299.9K | $320K | +6.7% |
| Caledonia Township | $390K | $399.9K | +2.5% |
| Cascade Charter Township | $548K | $552.5K | +0.8% |
Housing Supply in Cascade Charter Township, MI
How many homes are available in Cascade Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 76 | +7.0% |
Summary: The Cascade Charter Township real estate market had 76 homes for sale in October 2024, a 7.0% 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 | 6 | 13 | +116.7% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 29 | 30 | +3.4% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Cascade Charter 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 116.7%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cascade Charter Township, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Cascade Charter Township in October 2024, down by 26.1% month-over-month. Of the 17 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 27 Days | -2.3% |
Summary: Homes in Cascade Charter Township had an average of 27 days on market in Oct 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was 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 October 2024, 17 homes were sold in Cascade Charter Township; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
