$2,791 Closing Credit*
$235,000
1,679 SqFt
4 Beds
•2 Full Baths
Mary B Noneman, Listing Office: Five Star Real Estate
Is Climax Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Climax Township has remained a Seller's Market.
Key Takeaway
Climax Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Climax Township, MI
How much do homes in Climax Township, MI cost?
Median Sold Price
$231,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$23,500(-9.2%)
Key Takeaway
Homes in Climax Township have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Climax Township was $231,500 in November 2024, down 9.2% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212K | $246.5K | +16.3% |
| 3 Bedrooms | $232.4K | $208.5K | -10.3% |
| 4 Bedrooms | $289K | $230K | -20.4% |
| 5+ Bedrooms | $755K | $307.5K | -59.3% |
Summary: Climax Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.3%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes decreased by 59.3%.
Median Sold Price Compared To Nearby Cities
| Scotts | $302.4K | $340K | +12.4% |
| Climax Township | $255K | $231.5K | -9.2% |
Housing Supply in Climax Township, MI
How many homes are available in Climax Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Climax Township real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Climax Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
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 Climax 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 Climax Township in November 2024, down by 33.3% month-over-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 Climax Township, MI
How long does it take to sell a home in Climax Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 25 Days | +117.4% |
Summary: Homes in Climax Township had an average of 25 days on market in Nov 2024, up by 117.4% 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 Climax Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Climax 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.
