$1,483 Closing Credit*
$124,900
1,201 SqFt
3 Beds
•2 Full Baths
Anthony Djon, Listing Office: Anthony Djon Luxury Real Estate
Is Finney, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Finney was a Seller's Market.
Key Takeaway
Finney is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Finney, MI
How much do homes in Finney, MI cost?
Median Sold Price
$110,000
$83/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$14,500(-11.6%)
Key Takeaway
Homes in Finney have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in Finney was $110,000 in October 2024, down 11.6% from last year, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $38.5K | N/A |
| 2 Bedrooms | $61K | $69K | +13.1% |
| 3 Bedrooms | $120K | $109.9K | -8.4% |
| 4 Bedrooms | $160K | $147K | -8.1% |
| 5+ Bedrooms | $159K | $189.5K | +19.2% |
Summary: Finney 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 increased by 13.1%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 19.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Denby | $50K | $60K | +20.0% |
| East English Village | $185K | $177K | -4.3% |
| Finney | $124.5K | $110K | -11.6% |
| Morningside | $125K | $105K | -16.0% |
Housing Supply in Finney, MI
How many homes are available in Finney, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 177 | 204 | +15.3% |
Summary: The Finney real estate market had 204 homes for sale in October 2024, a 15.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 23 | 27 | +17.4% |
| 3 Bedrooms | 113 | 130 | +15.0% |
| 4 Bedrooms | 31 | 31 | 0.0% |
| 5+ Bedrooms | 5 | 11 | +120.0% |
Summary: The Finney 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 17.4%, 3 bedroom homes increased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 120%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Finney, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Finney in October 2024, down by 8.8% month-over-month. Of the 31 sold homes, 48% were sold under asking, 19% were sold at asking, and 32% were sold over asking.
Days on Market for Finney, MI
How long does it take to sell a home in Finney, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 39 Days | +10.3% |
Summary: Homes in Finney had an average of 39 days on market in Oct 2024, up by 10.3% compared to last year.
Breakdown of Home Sale Times
21 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 Finney are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 31 homes were sold in Finney; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.