$49,900
1.45 Acres
Land
Eyddy Conde, Listing Office: Lake Michigan Realty Mgmt
Is Delton, 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, Delton has remained a Seller's Market.
Key Takeaway
Delton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delton, MI
How much do homes in Delton, MI cost?
Median Sold Price
$294,500
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,500(+20.2%)
Key Takeaway
Homes in Delton have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in Delton was $294,500 in October 2024, up 20.2% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $162.5K | +54.8% |
| 2 Bedrooms | $245K | $265K | +8.2% |
| 3 Bedrooms | $231K | $273K | +18.2% |
| 4 Bedrooms | $330K | $471K | +42.7% |
| 5+ Bedrooms | $284.4K | $399K | +40.3% |
Summary: Delton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.8%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 42.7%, and 5+ bedroom homes increased by 40.3%.
Median Sold Price Compared To Nearby Cities
| Prairieville Township | $325K | $395K | +21.5% |
| Delton | $245K | $294.5K | +20.2% |
| Orangeville Township | $300K | $319.9K | +6.6% |
| Hope Township | $238K | $250K | +5.0% |
Housing Supply in Delton, MI
How many homes are available in Delton, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Delton real estate market had 25 homes for sale in October 2024, a 3.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Delton 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Delton, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Delton in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Delton, MI
How long does it take to sell a home in Delton, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 22 Days | -13.3% |
Summary: Homes in Delton had an average of 22 days on market in Oct 2024, down by 13.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Delton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Delton; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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