$1,413 Closing Credit*
$119,000
1,817 SqFt
3 Beds
•1 Full Bath, 1 Partial
Krystal Campbell, Listing Office: Keller Williams of NM Signature Group
Is Chippewa Township, 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, Chippewa Township has remained a Seller's Market.
Key Takeaway
Chippewa Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chippewa Township, MI
How much do homes in Chippewa Township, MI cost?
Median Sold Price
$203,500
$128/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$15,500(-7.1%)
Key Takeaway
Homes in Chippewa Township have sold for 7.1% less than they did a month ago.
Summary: The median home sold price in Chippewa Township was $203,500 in October 2024, down 7.1% from last month, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $219K | - | N/A |
| 3 Bedrooms | $235K | $207K | -11.9% |
| 4 Bedrooms | - | $200K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Chippewa Township housing prices by bedroom type for October 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 decreased by 11.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Chippewa Township | $219K | $203.5K | -7.1% |
| Geneva Township | $260K | $214K | -17.7% |
Housing Supply in Chippewa Township, MI
How many homes are available in Chippewa Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Chippewa Township real estate market had 13 homes for sale in October 2024, a 7.1% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chippewa 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chippewa Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Chippewa Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Chippewa Township, MI
How long does it take to sell a home in Chippewa Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 139 Days | +307.9% |
Summary: Homes in Chippewa Township had an average of 139 days on market in Oct 2024, up by 307.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chippewa Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Chippewa Township; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.