$2,493 Closing Credit*
$209,900
1,008 SqFt
3 Beds
•1 Full Bath
#50163439, Scott Fader, Listing Office: Joseph Walter Realty LLC
Is Creston, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Creston has remained a Seller's Market.
Key Takeaway
Creston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Creston, MI
How much do homes in Creston, MI cost?
Median Sold Price
$280,083
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,083(+7.7%)
Key Takeaway
Homes in Creston have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Creston was $280,083 in November 2024, up 7.7% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $234K | N/A |
| 2 Bedrooms | $225K | $240K | +6.7% |
| 3 Bedrooms | $265.7K | $290K | +9.1% |
| 4 Bedrooms | $282.5K | $315K | +11.5% |
| 5+ Bedrooms | $314.5K | $310K | -1.4% |
Summary: Creston 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 increased by 6.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| North East Citizens Action | $285K | $323.5K | +13.5% |
| Creston | $260K | $280K | +7.7% |
| West Grand | $245K | $245K | 0.0% |
Housing Supply in Creston, MI
How many homes are available in Creston, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 91 | -10.8% |
Summary: The Creston real estate market had 91 homes for sale in November 2024, a 10.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 21 | 15 | -28.6% |
| 3 Bedrooms | 53 | 52 | -1.9% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Creston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Creston, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in Creston in November 2024, up by 3.2% month-over-month. Of the 32 sold homes, 28% were sold under asking, 22% were sold at asking, and 50% were sold over asking.
Days on Market for Creston, MI
How long does it take to sell a home in Creston, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 11 Days | -4.3% |
Summary: Homes in Creston had an average of 11 days on market in Nov 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Creston are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 32 homes were sold in Creston; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% 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.