$3,503 Closing Credit*
$295,000
1,572 SqFt
2 Beds
•1 Full Bath
Jon M Zickert, Listing Office: Real Estate One Beulah
Is Casnovia 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, Casnovia Township has remained a Seller's Market.
Key Takeaway
Casnovia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Casnovia Township, MI
How much do homes in Casnovia Township, MI cost?
Median Sold Price
$283,500
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$61,000(+27.4%)
Key Takeaway
Homes in Casnovia Township have sold for 27.4% more than they did a year ago.
Summary: The median home sold price in Casnovia Township was $283,500 in October 2024, up 27.4% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $347.8K | N/A |
| 2 Bedrooms | $178K | $117.5K | -34.0% |
| 3 Bedrooms | $211.2K | $270K | +27.8% |
| 4 Bedrooms | $280K | $360K | +28.6% |
| 5+ Bedrooms | $349.9K | - | N/A |
Summary: Casnovia 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 decreased by 34%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Casnovia Township | $222.5K | $283.5K | +27.4% |
| Tyrone Township | $277K | $310.5K | +12.1% |
Housing Supply in Casnovia Township, MI
How many homes are available in Casnovia Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Casnovia Township real estate market had 11 homes for sale in October 2024, a 22.2% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Casnovia 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 decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
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 Township, 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 Township 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 Township, MI
How long does it take to sell a home in Casnovia Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 31 Days | -48.1% |
Summary: Homes in Casnovia Township had an average of 31 days on market in Oct 2024, down by 48.1% compared to last year.
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 Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Casnovia Township; 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.
