$1,780 Closing Credit*
$149,900
1,512 SqFt
4 Beds
•1 Full Bath, 2 Partial
#50161780, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
Is Crystal Falls, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Crystal Falls has remained a Seller's Market.
Key Takeaway
Crystal Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crystal Falls, MI
How much do homes in Crystal Falls, MI cost?
Median Sold Price
$303,000
$179/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$18,000(+6.3%)
Key Takeaway
Homes in Crystal Falls have sold for 6.3% more than they did a month ago.
Summary: The median home sold price in Crystal Falls was $303,000 in November 2024, up 6.3% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $62.5K | -74.0% |
| 2 Bedrooms | - | $184K | N/A |
| 3 Bedrooms | $287.5K | - | N/A |
| 4 Bedrooms | - | $414K | N/A |
| 5+ Bedrooms | $311K | - | N/A |
Summary: Crystal Falls housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 74%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Crystal Falls | $285K | $303K | +6.3% |
| Crystal Falls Township | $285K | $303K | +6.3% |
Housing Supply in Crystal Falls, MI
How many homes are available in Crystal Falls, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Crystal Falls real estate market had 24 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Crystal Falls housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crystal Falls, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Crystal Falls in November 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Crystal Falls, MI
How long does it take to sell a home in Crystal Falls, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 32 Days | -38.5% |
Summary: Homes in Crystal Falls had an average of 32 days on market in Nov 2024, down by 38.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Crystal Falls has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Crystal Falls; 40% of homes were sold within 30 days, 60% 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.