$110,000
0.68 Acres
Land
Karon Velek, Listing Office: Five Star Real Estate - Front St TC
Is Crystal Lake Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Crystal Lake Township has remained a Seller's Market.
Key Takeaway
Crystal Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crystal Lake Township, MI
How much do homes in Crystal Lake Township, MI cost?
Median Sold Price
$439,900
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$22,400(+5.4%)
Key Takeaway
Homes in Crystal Lake Township have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Crystal Lake Township was $439,900 in December 2024, up 5.4% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $431.2K | $380K | -11.9% |
| 3 Bedrooms | $355K | $415.4K | +17.0% |
| 4 Bedrooms | $600K | $807.5K | +34.6% |
| 5+ Bedrooms | $545K | $1.0M | +93.5% |
Summary: Crystal Lake Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes increased by 93.5%.
Median Sold Price Compared To Nearby Cities
| Crystal Lake Township | $417.5K | $439.9K | +5.4% |
| Benzonia Township | $345K | $362.7K | +5.1% |
| Frankfort | $430K | $425K | -1.2% |
| Lake Township | $190K | $174.9K | -7.9% |
Housing Supply in Crystal Lake Township, MI
How many homes are available in Crystal Lake Township, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Summary: The Crystal Lake Township real estate market had 2 homes for sale in December 2024, a 66.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Crystal Lake Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was 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 Lake Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Crystal Lake Township in December 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Crystal Lake Township, MI
How long does it take to sell a home in Crystal Lake Township, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 74 Days | 57 Days | -23.7% |
Summary: Homes in Crystal Lake Township had an average of 57 days on market in Dec 2024, down by 23.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Crystal Lake Township has remained consistent over time.
Summary: During December 2024, 1 homes were sold in Crystal Lake Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
