$8,313 Closing Credit*
$700,000
1,900 SqFt
3 Beds
•2 Full Baths, 1 Partial
Matthew J Kuiper, Listing Office: RE/MAX SunQuest Realty
Is Creston, 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, 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
$275,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,900(+7.8%)
Key Takeaway
Homes in Creston have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Creston was $275,000 in October 2024, up 7.8% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $234K | N/A |
| 2 Bedrooms | $225K | $240K | +6.7% |
| 3 Bedrooms | $260K | $283.9K | +9.2% |
| 4 Bedrooms | $282.7K | $315K | +11.4% |
| 5+ Bedrooms | $314.5K | $300K | -4.6% |
Summary: Creston 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 increased by 6.7%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Neighborhoods
| North East Citizens Action | $295K | $320K | +8.5% |
| Creston | $255.1K | $275K | +7.8% |
| West Grand | $245K | $245K | 0.0% |
Housing Supply in Creston, MI
How many homes are available in Creston, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 100 | +17.6% |
Summary: The Creston real estate market had 100 homes for sale in October 2024, a 17.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 20 | 20 | 0.0% |
| 3 Bedrooms | 41 | 50 | +22.0% |
| 4 Bedrooms | 15 | 19 | +26.7% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Creston 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 22%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Creston, you could pay more than the asking price. 53.6% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Creston in October 2024, up by 21.7% month-over-month. Of the 28 sold homes, 36% were sold under asking, 11% were sold at asking, and 54% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 16 Days | +33.1% |
Summary: Homes in Creston had an average of 16 days on market in Oct 2024, up by 33.1% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 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 October 2024, 28 homes were sold in Creston; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
