$689 Closing Credit*
$58,000
1,320 SqFt
4 Beds
•2 Full Baths
Mikhail Grigoryan, Listing Office: Detroit Progress Realty LLC
Is Conner, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Conner has remained a Neutral Market.
Key Takeaway
Conner 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 Conner, MI
How much do homes in Conner, MI cost?
Median Sold Price
$55,000
$44/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+10.0%)
Key Takeaway
Homes in Conner have sold for 10% more than they did a year ago.
Summary: The median home sold price in Conner was $55,000 in October 2024, up 10% from last year, and the median price per square foot was $44.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $5K | N/A |
| 2 Bedrooms | $39.9K | $33.5K | -16.0% |
| 3 Bedrooms | $50K | $60K | +20.0% |
| 4 Bedrooms | $65K | $70K | +7.7% |
| 5+ Bedrooms | $75.5K | $102.5K | +35.8% |
Summary: Conner 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 16%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 35.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Upper East | $49.9K | $59.9K | +20.1% |
| Conner | $50K | $55K | +10.0% |
| Von Steuben | $56K | $56.5K | +0.9% |
| Chandler Park Area | $75K | $48.7K | -35.0% |
Housing Supply in Conner, MI
How many homes are available in Conner, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 73 | -2.7% |
Summary: The Conner real estate market had 73 homes for sale in October 2024, a 2.7% 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 | 11 | 13 | +18.2% |
| 3 Bedrooms | 44 | 42 | -4.5% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Conner 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 increased by 18.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conner, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Conner in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Conner, MI
How long does it take to sell a home in Conner, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 60 Days | -13.0% |
Summary: Homes in Conner had an average of 60 days on market in Oct 2024, down by 13% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Conner are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Conner; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.