$2,719 Closing Credit*
$229,000
1,300 SqFt
3 Beds
•1 Full Bath
Pam Sibary, Listing Office: Coldwell Banker Schmidt-Cadillac
Is Custer Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Custer Township has remained a Seller's Market.
Key Takeaway
Custer Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Custer Township, MI
How much do homes in Custer Township, MI cost?
Median Sold Price
$298,750
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,750(+4.8%)
Key Takeaway
Homes in Custer Township have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Custer Township was $298,750 in October 2024, up 4.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | $45K | 0.0% |
| 2 Bedrooms | $228K | $190K | -16.7% |
| 3 Bedrooms | $272K | $344.9K | +26.8% |
| 4 Bedrooms | $390K | $403K | +3.3% |
| 5+ Bedrooms | $559K | $965K | +72.6% |
Summary: Custer Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 26.8%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 72.6%.
Median Sold Price Compared To Nearby Cities
| Forest Home Township | $330K | $417K | +26.4% |
| Kearney Township | $248.2K | $272.5K | +9.8% |
| Custer Township | $285K | $298.7K | +4.8% |
Housing Supply in Custer Township, MI
How many homes are available in Custer Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Custer Township real estate market had 25 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Custer 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 decreased by 22.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Custer Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Custer Township in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Custer Township, MI
How long does it take to sell a home in Custer Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 64 Days | +6.5% |
Summary: Homes in Custer Township had an average of 64 days on market in Oct 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Custer Township has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Custer Township; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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