$3,086 Closing Credit*
$259,900
1,450 SqFt
3 Beds
•2 Full Baths
Angie Marsh, Listing Office: Southern Marsh Realty
Is Coldwater, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Coldwater was a Seller's Market.
Key Takeaway
Coldwater is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Coldwater, MI
How much do homes in Coldwater, MI cost?
Median Sold Price
$228,300
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,800(+15.6%)
Key Takeaway
Homes in Coldwater have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Coldwater was $228,300 in November 2024, up 15.6% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $100K | -23.1% |
| 2 Bedrooms | $159.9K | $151K | -5.6% |
| 3 Bedrooms | $205K | $225K | +9.8% |
| 4 Bedrooms | $184K | $275K | +49.5% |
| 5+ Bedrooms | $410.5K | $317.4K | -22.7% |
Summary: Coldwater housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 49.5%, and 5+ bedroom homes decreased by 22.7%.
Median Sold Price Compared To Nearby Cities
| Coldwater | $197.5K | $228.3K | +15.6% |
| Coldwater Township | $197.5K | $228.3K | +15.6% |
Housing Supply in Coldwater, MI
How many homes are available in Coldwater, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 88 | -10.2% |
Summary: The Coldwater real estate market had 88 homes for sale in November 2024, a 10.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 52 | 46 | -11.5% |
| 4 Bedrooms | 21 | 20 | -4.8% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Coldwater housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 13 | -53.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Coldwater, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Coldwater in November 2024, down by 53.6% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.
Days on Market for Coldwater, MI
How long does it take to sell a home in Coldwater, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 61 Days | +25.2% |
Summary: Homes in Coldwater had an average of 61 days on market in Nov 2024, up by 25.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Coldwater has remained consistent over time.
Summary: During November 2024, 13 homes were sold in Coldwater; 15% of homes were sold within 30 days, 69% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
