$3,325 Closing Credit*
$280,000
1,235 SqFt
4 Beds
•2 Full Baths
Denise Maghielse, Darcy L DiCesare, Listing Office: Real Estate with Maghielse &Co
Is Courtland Township, 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, Courtland Township was a Buyer'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
$495,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,642(+10.2%)
Key Takeaway
Homes in Courtland Township have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Courtland Township was $495,000 in November 2024, up 10.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $328K | $267.5K | -18.4% |
| 3 Bedrooms | $402.5K | $350K | -13.0% |
| 4 Bedrooms | $465K | $542.5K | +16.7% |
| 5+ Bedrooms | $637.9K | $730K | +14.4% |
Summary: Courtland 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 decreased by 18.4%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Cities
| Oakfield Township | $321K | $375K | +16.8% |
| Cedar Springs | $285K | $317.5K | +11.4% |
| Cannon Township | $440K | $487.5K | +10.8% |
| Courtland Township | $449.3K | $495K | +10.2% |
| Rockford | $425K | $435.5K | +2.5% |
Housing Supply in Courtland Township, MI
How many homes are available in Courtland Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 26 | -13.3% |
Summary: The Courtland Township real estate market had 26 homes for sale in November 2024, a 13.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Courtland 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 remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Courtland Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Courtland Township in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 33 Days | +50.0% |
Summary: Homes in Courtland Township had an average of 33 days on market in Nov 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Courtland Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Courtland 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.
