Is Crystal Falls Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crystal Falls Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Crystal Falls Township was a Buyer's Market.

Key Takeaway

Crystal Falls Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Crystal Falls Township, MI

How much do homes in Crystal Falls Township, 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 Township have sold for 106.9% more than they did a month ago.

Summary: The median home sold price in Crystal Falls Township 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

# BEDSSep 2024Oct 2024CHANGE
1 -$240K
N/A
2 $178K-
N/A
3 $97.5K$287.5K
+194.9%
4 --
N/A
5+ -$311K
N/A

Summary: Crystal Falls Township 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 Township
+106.9%
Crystal Falls
+106.9%

Housing Supply in Crystal Falls Township, MI

How many homes are available in Crystal Falls Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2224+9.1%

Summary: The Crystal Falls Township 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

# BEDSSep 2024Oct 2024CHANGE
1 66
0.0%
2 35
+66.7%
3 1010
0.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Crystal Falls Township 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 2024Oct 2024CHANGE
25+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crystal Falls Township, 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 Township 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 Township, MI

How long does it take to sell a home in Crystal Falls Township, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
115 Days52 Days-55.0%

Summary: Homes in Crystal Falls Township 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Crystal Falls Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Crystal Falls Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Crystal Falls Township, MI

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