$3,799 Closing Credit*
$319,900
2,800 SqFt
4 Beds
•3 Full Baths
Bryce Updegraff, Listing Office: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Is Coe Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Coe Township was a Neutral Market.
Key Takeaway
Coe Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coe Township, MI
How much do homes in Coe Township, MI cost?
Median Sold Price
$175,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+12.9%)
Key Takeaway
Homes in Coe Township have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Coe Township was $175,000 in October 2024, up 12.9% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $193.2K | $110K | -43.1% |
| 3 Bedrooms | $150K | $175K | +16.7% |
| 4 Bedrooms | $185K | $254.2K | +37.4% |
| 5+ Bedrooms | $160K | - | N/A |
Summary: Coe Township 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 decreased by 43.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 37.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shepherd | $157.5K | $198.7K | +26.2% |
| Coe Township | $155K | $175K | +12.9% |
| Jasper Township | $192.7K | $145K | -24.8% |
Housing Supply in Coe Township, MI
How many homes are available in Coe Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Coe Township real estate market had 12 homes for sale in October 2024, a 33.3% 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 | 0 | -100.0% |
| 3 Bedrooms | 7 | 11 | +57.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Coe 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 increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Coe Township, 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 Coe Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Coe Township, MI
How long does it take to sell a home in Coe Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 83 Days | +131.7% |
Summary: Homes in Coe Township had an average of 83 days on market in Oct 2024, up by 131.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Coe Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in Coe Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
