$2,731 Closing Credit*
$230,000
3,234 SqFt
5 Beds
•2 Full Baths
Denilda Hubbard, Listing Office: Clarity Realty Allied
Is Castleton Township, 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, Castleton Township was a Seller's Market.
Key Takeaway
Castleton Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Castleton Township, MI
How much do homes in Castleton Township, MI cost?
Median Sold Price
$180,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,750(+5.1%)
Key Takeaway
Homes in Castleton Township have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Castleton Township was $180,000 in October 2024, up 5.1% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | $125.5K | -22.8% |
| 2 Bedrooms | $119.9K | $128K | +6.8% |
| 3 Bedrooms | $180K | $217K | +20.6% |
| 4 Bedrooms | $307.5K | $210K | -31.7% |
| 5+ Bedrooms | $345K | $192.5K | -44.2% |
Summary: Castleton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.8%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 20.6%, 4 bedroom homes decreased by 31.7%, and 5+ bedroom homes decreased by 44.2%.
Median Sold Price Compared To Nearby Cities
| Vermontville Township | $201K | $240K | +19.4% |
| Nashville | $180K | $212.5K | +18.1% |
| Hastings Charter Township | $226K | $250K | +10.6% |
| Castleton Township | $171.2K | $180K | +5.1% |
| Maple Grove Township | $265K | $232K | -12.5% |
Housing Supply in Castleton Township, MI
How many homes are available in Castleton Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Summary: The Castleton Township real estate market had 12 homes for sale in October 2024, a 71.4% 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 | 4 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Castleton 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, 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
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Castleton Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Castleton Township in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Castleton Township, MI
How long does it take to sell a home in Castleton Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 46 Days | +1.7% |
Summary: Homes in Castleton Township had an average of 46 days on market in Oct 2024, up by 1.7% 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 Castleton Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Castleton 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.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.