$2,493 Closing Credit*
$209,900
1,928 SqFt
4 Beds
•1 Full Bath
Kelli Falco, Listing Office: RE/MAX OF OWOSSO
Is Chesaning, 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, Chesaning has remained a Seller's Market.
Key Takeaway
Chesaning is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chesaning, MI
How much do homes in Chesaning, MI cost?
Median Sold Price
$170,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,000(+1.2%)
Key Takeaway
Homes in Chesaning have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Chesaning was $170,000 in October 2024, up 1.2% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101.9K | $340K | +233.7% |
| 2 Bedrooms | $100K | $140K | +40.0% |
| 3 Bedrooms | $163.9K | $170K | +3.7% |
| 4 Bedrooms | $219.5K | $167K | -23.9% |
| 5+ Bedrooms | $400K | $365K | -8.8% |
Summary: Chesaning housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 233.7%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 23.9%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Cities
| Chesaning | $168K | $170K | +1.2% |
| Chesaning Township | $169K | $170K | +0.6% |
Housing Supply in Chesaning, MI
How many homes are available in Chesaning, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Chesaning real estate market had 25 homes for sale in October 2024, a 13.6% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Chesaning 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 200%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chesaning, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Chesaning in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Chesaning, MI
How long does it take to sell a home in Chesaning, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 41 Days | +1094.3% |
Summary: Homes in Chesaning had an average of 41 days on market in Oct 2024, up by 1094.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chesaning are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Chesaning; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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.