$4,274 Closing Credit*
$359,900
1,664 SqFt
3 Beds
•2 Full Baths
Christian J Radden, Listing Office: North West Realty, LLC
Is Custer, 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, Custer has remained a Seller's Market.
Key Takeaway
Custer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Custer, MI
How much do homes in Custer, MI cost?
Median Sold Price
$535,000
$204/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$240,500(+81.7%)
Key Takeaway
Homes in Custer have sold for 81.7% more than they did a month ago.
Summary: The median home sold price in Custer was $535,000 in November 2024, up 81.7% from last month, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $183K | - | N/A |
| 3 Bedrooms | - | $535K | N/A |
| 4 Bedrooms | $406K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Custer housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Custer | $294.5K | $535K | +81.7% |
| Custer Township | $294.5K | $535K | +81.7% |
Housing Supply in Custer, MI
How many homes are available in Custer, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Custer real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Custer housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Custer, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Custer in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Custer, MI
How long does it take to sell a home in Custer, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 74 Days | +16.5% |
Summary: Homes in Custer had an average of 74 days on market in Nov 2024, up by 16.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Custer has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Custer; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.