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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fiskorn is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Fiskorn was a Seller's Market.

Key Takeaway

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

Housing Prices in Fiskorn, MI

How much do homes in Fiskorn, MI cost?

Median Sold Price

$59,500

$54/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,500(+21.4%)

Key Takeaway

Homes in Fiskorn have sold for 21.4% more than they did a year ago.

Summary: The median home sold price in Fiskorn was $59,500 in October 2024, up 21.4% from last year, and the median price per square foot was $54.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $48K$45.2K
-5.7%
3 $48K$67.5K
+40.6%
4 $68K$79K
+16.2%
5+ -$177K
N/A

Summary: Fiskorn 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 5.7%, 3 bedroom homes increased by 40.6%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Fiskorn
+21.4%
West Central
+20.2%
Grandale / Brooks
+12.1%
Aviation Subdivision
+11.6%
Barton-McFarland
+0.9%

Housing Supply in Fiskorn, MI

How many homes are available in Fiskorn, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3342+27.3%

Summary: The Fiskorn real estate market had 42 homes for sale in October 2024, a 27.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1012
+20.0%
3 2229
+31.8%
4 11
0.0%
5+ 00
0.0%

Summary: The Fiskorn 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 20%, 3 bedroom homes increased by 31.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fiskorn, 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 Fiskorn in October 2024, up by 66.7% 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 Fiskorn, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days24 Days+5.2%

Summary: Homes in Fiskorn had an average of 24 days on market in Oct 2024, up by 5.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fiskorn are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Fiskorn; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

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