$2,019 Closing Credit*
$170,000
1,596 SqFt
5 Beds
•2 Full Baths
Crystal Washington, Listing Office: S&P Realty
Is Chandler Park Area, 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, Chandler Park Area has remained a Neutral Market.
Key Takeaway
Chandler Park Area 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 Chandler Park Area, MI
How much do homes in Chandler Park Area, MI cost?
Median Sold Price
$48,775
$35/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$26,225(-35.0%)
Key Takeaway
Homes in Chandler Park Area have sold for 35% less than they did a year ago.
Summary: The median home sold price in Chandler Park Area was $48,775 in October 2024, down 35% from last year, and the median price per square foot was $35.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $80K | $45K | -43.8% |
| 4 Bedrooms | $60.7K | $52K | -14.4% |
| 5+ Bedrooms | $57.4K | - | N/A |
Summary: Chandler Park Area 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 did not change, 3 bedroom homes decreased by 43.8%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Denby | $50K | $60K | +20.0% |
| Conner | $50K | $55K | +10.0% |
| Chandler Park | $75K | $50K | -33.3% |
| Chandler Park Area | $75K | $48.7K | -35.0% |
Housing Supply in Chandler Park Area, MI
How many homes are available in Chandler Park Area, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Chandler Park Area real estate market had 6 homes for sale in October 2024, a 25.0% 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 | 1 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chandler Park Area 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chandler Park Area, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Chandler Park Area in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Chandler Park Area, MI
How long does it take to sell a home in Chandler Park Area, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 27 Days | +68.8% |
Summary: Homes in Chandler Park Area had an average of 27 days on market in Oct 2024, up by 68.8% 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 Chandler Park Area are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Chandler Park Area; 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.
