$2,969 Closing Credit*
$249,999
1,456 SqFt
3 Beds
•2 Full Baths
David Manley, Listing Office: Five Star Real Estate-W Norton
Is Courtland Township, 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, Courtland Township has remained a Seller's Market.
Key Takeaway
Courtland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Courtland Township, MI
How much do homes in Courtland Township, MI cost?
Median Sold Price
$520,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$71,642(+16.0%)
Key Takeaway
Homes in Courtland Township have sold for 16% more than they did a year ago.
Summary: The median home sold price in Courtland Township was $520,000 in October 2024, up 16% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $328K | $267.5K | -18.4% |
| 3 Bedrooms | $388.7K | $345.8K | -11.0% |
| 4 Bedrooms | $460K | $562.5K | +22.3% |
| 5+ Bedrooms | $625.4K | $730K | +16.7% |
Summary: Courtland 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 18.4%, 3 bedroom homes decreased by 11%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 16.7%.
Median Sold Price Compared To Nearby Cities
| Courtland Township | $448.3K | $520K | +16.0% |
| Cedar Springs | $280K | $312K | +11.4% |
| Cannon Township | $437.5K | $482K | +10.2% |
| Oakfield Township | $320K | $345K | +7.8% |
| Rockford | $425K | $430K | +1.2% |
Housing Supply in Courtland Township, MI
How many homes are available in Courtland Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Courtland Township real estate market had 34 homes for sale in October 2024, a 13.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Courtland 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 remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Courtland Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Courtland Township in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Courtland Township, MI
How long does it take to sell a home in Courtland Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 82 Days | +478.2% |
Summary: Homes in Courtland Township had an average of 82 days on market in Oct 2024, up by 478.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Courtland Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 7 homes were sold in Courtland Township; 43% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
