$3,324 Closing Credit*
$279,900
1,904 SqFt
3 Beds
•2 Full Baths
James Lambert, Aubree DeVisser, Listing Office: Five Star Real Estate Lakeshore LLC
Is Casnovia, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Casnovia has remained a Seller's Market.
Key Takeaway
Casnovia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Casnovia, MI
How much do homes in Casnovia, MI cost?
Median Sold Price
$369,250
$199/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$84,250(+29.6%)
Key Takeaway
Homes in Casnovia have sold for 29.6% more than they did a month ago.
Summary: The median home sold price in Casnovia was $369,250 in October 2024, up 29.6% from last month, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | - | N/A |
| 3 Bedrooms | $190K | $283.5K | +49.2% |
| 4 Bedrooms | - | $455K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Casnovia 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 49.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Casnovia | $190K | $369.2K | +94.3% |
| Casnovia | $285K | $369.2K | +29.6% |
Housing Supply in Casnovia, MI
How many homes are available in Casnovia, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Casnovia real estate market had 7 homes for sale in October 2024, a 12.5% 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 | 0 | -100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Casnovia 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 decreased by 100%, 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 |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Casnovia, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Casnovia in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Casnovia, MI
How long does it take to sell a home in Casnovia, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 31 Days | +82.4% |
Summary: Homes in Casnovia had an average of 31 days on market in Oct 2024, up by 82.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Casnovia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Casnovia; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
