Is Deckerville, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deckerville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Deckerville has remained a Buyer's Market.

Key Takeaway

Deckerville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Deckerville, MI

How much do homes in Deckerville, MI cost?

Median Sold Price

$279,900

$199/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$54,900(+24.4%)

Key Takeaway

Homes in Deckerville have sold for 24.4% more than they did a month ago.

Summary: The median home sold price in Deckerville was $279,900 in October 2024, up 24.4% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $225K-
N/A
2 --
N/A
3 --
N/A
4 -$279.9K
N/A
5+ --
N/A

Summary: Deckerville 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Deckerville, MI

How many homes are available in Deckerville, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1214+16.7%

Summary: The Deckerville real estate market had 14 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 23
+50.0%
3 66
0.0%
4 34
+33.3%
5+ 01
+100.0%

Summary: The Deckerville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deckerville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Deckerville in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Deckerville, MI

How long does it take to sell a home in Deckerville, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
6 Days164 Days+2633.3%

Summary: Homes in Deckerville had an average of 164 days on market in Oct 2024, up by 2633.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Deckerville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Deckerville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

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