$160,000
160.00 Acres
Land
#50160653, PATRICK BLANZY, Listing Office: AMERICAN FOREST MANAGEMENT
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
Last month, Crystal Falls was a Buyer'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
$285,000
$203/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$147,250(+106.9%)
Key Takeaway
Homes in Crystal Falls have sold for 106.9% more than they did a month ago.
Summary: The median home sold price in Crystal Falls was $285,000 in October 2024, up 106.9% from last month, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $240K | N/A |
| 2 Bedrooms | $178K | - | N/A |
| 3 Bedrooms | $97.5K | $287.5K | +194.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $311K | N/A |
Summary: Crystal Falls housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 194.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Crystal Falls | $137.7K | $285K | +106.9% |
| Crystal Falls Township | $137.7K | $285K | +106.9% |
Housing Supply in Crystal Falls, MI
How many homes are available in Crystal Falls, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Crystal Falls real estate market had 24 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Crystal Falls 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 increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were 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. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Crystal Falls in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 115 Days | 52 Days | -55.0% |
Summary: Homes in Crystal Falls had an average of 52 days on market in Oct 2024, down by 55% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Crystal Falls are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Crystal Falls; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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.