$2,730 Closing Credit*
$229,900
761 SqFt
1 Bed
•1 Full Bath
Allison Fishwick, Listing Office: Howard Hanna Real Estate-Dearborn
Is Cass Corridor, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cass Corridor was a Seller's Market.
Key Takeaway
Cass Corridor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cass Corridor, MI
How much do homes in Cass Corridor, MI cost?
Median Sold Price
$390,000
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,500(-2.6%)
Key Takeaway
Homes in Cass Corridor have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Cass Corridor was $390,000 in October 2024, down 2.6% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $282K | $330K | +17.0% |
| 2 Bedrooms | $450K | $400.5K | -11.0% |
| 3 Bedrooms | $825K | $765K | -7.3% |
| 4 Bedrooms | $401K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cass Corridor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes decreased by 11%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Cass Corridor | $400.5K | $390K | -2.6% |
| Lower Woodward | $401K | $380K | -5.2% |
Housing Supply in Cass Corridor, MI
How many homes are available in Cass Corridor, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Cass Corridor real estate market had 16 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cass Corridor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was 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 Corridor, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Cass Corridor in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cass Corridor, MI
How long does it take to sell a home in Cass Corridor, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 22 Days | -55.3% |
Summary: Homes in Cass Corridor had an average of 22 days on market in Oct 2024, down by 55.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cass Corridor are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Cass Corridor; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
