$1,661 Closing Credit*
$139,900
1,150 SqFt
3 Beds
•1 Full Bath
#50163413, James McKee, Listing Office: Champion Property Management Inc
Is Denby, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Denby was a Seller's Market.
Key Takeaway
Denby is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Denby, MI
How much do homes in Denby, MI cost?
Median Sold Price
$60,333
$54/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,083(+13.3%)
Key Takeaway
Homes in Denby have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Denby was $60,333 in November 2024, up 13.3% from last year, and the median price per square foot was $54.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $35K | $45K | +28.6% |
| 3 Bedrooms | $54.5K | $62K | +13.8% |
| 4 Bedrooms | $60.5K | $90.8K | +50.2% |
| 5+ Bedrooms | $550K | $104K | -81.1% |
Summary: Denby housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 50.2%, and 5+ bedroom homes decreased by 81.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Upper East | $50.1K | $60K | +19.8% |
| Denby | $53.2K | $60.3K | +13.3% |
| East English Village | $185K | $177K | -4.3% |
| Finney | $125K | $110K | -12.0% |
| Morningside | $127.2K | $109K | -14.3% |
Housing Supply in Denby, MI
How many homes are available in Denby, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 160 | 163 | +1.9% |
Summary: The Denby real estate market had 163 homes for sale in November 2024, a 1.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 21 | 24 | +14.3% |
| 3 Bedrooms | 122 | 122 | 0.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Denby 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 increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 17 | -19.0% |
Asking Price vs. Sold Price
15 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 Denby, you may be able to get a good deal. 88.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Denby in November 2024, down by 19.0% month-over-month. Of the 17 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% were sold over asking.
Days on Market for Denby, MI
How long does it take to sell a home in Denby, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 49 Days | -12.4% |
Summary: Homes in Denby had an average of 49 days on market in Nov 2024, down by 12.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Denby are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Denby; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% 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. 
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.