$364,000
26.07 Acres
Land
Jeff Glover, Lawrence Dail, Listing Office: KW Professionals, Keller Williams First
Is Cass City, 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, Cass City has remained a Seller's Market.
Key Takeaway
Cass City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cass City, MI
How much do homes in Cass City, MI cost?
Median Sold Price
$115,000
$89/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$138,750(-54.7%)
Key Takeaway
Homes in Cass City have sold for 54.7% less than they did a month ago.
Summary: The median home sold price in Cass City was $115,000 in December 2024, down 54.7% from last month, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $95K | N/A |
| 3 Bedrooms | $253.7K | - | N/A |
| 4 Bedrooms | - | $149.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cass City housing prices by bedroom type for December 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Elkland Township | $197.5K | $115K | -41.8% |
| Cass City | $253.7K | $115K | -54.7% |
Housing Supply in Cass City, MI
How many homes are available in Cass City, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Cass City real estate market had 7 homes for sale in December 2024, a 22.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cass City housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 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 Cass City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Cass City in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cass City, MI
How long does it take to sell a home in Cass City, MI?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 24 Days | 25 Days | +5.6% |
Summary: Homes in Cass City had an average of 25 days on market in Dec 2024, up by 5.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cass City are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Cass City; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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.