Is Cleon Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleon Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Cleon Township has remained a Buyer's Market.

Key Takeaway

Cleon Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cleon Township, MI

How much do homes in Cleon Township, MI cost?

Median Sold Price

$110,000

$236/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$109,000(-49.8%)

Key Takeaway

Homes in Cleon Township have sold for 49.8% less than they did a month ago.

Summary: The median home sold price in Cleon Township was $110,000 in October 2024, down 49.8% from last month, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$110K
N/A
2 $219K-
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Cleon 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wexford Township
-0.5%
Cleon Township
-49.8%

Housing Supply in Cleon Township, MI

How many homes are available in Cleon Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Cleon Township real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 10
-100.0%
3 44
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Cleon 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cleon Township, 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 Cleon Township in October 2024, the same as the previous 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 Cleon Township, MI

How long does it take to sell a home in Cleon Township, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
138 Days181 Days+31.2%

Summary: Homes in Cleon Township had an average of 181 days on market in Oct 2024, up by 31.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cleon Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Cleon Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Cleon Township, MI

Nearby Markets to Cleon Township, MI