$2,351 Closing Credit*
$198,000
1,807 SqFt
5 Beds
•1 Full Bath, 1 Partial
Wael Nehme, Zena Berri, Listing Office: U.S. Investor Group
Is Fitzgerald, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fitzgerald has remained a Buyer's Market.
Key Takeaway
Fitzgerald is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fitzgerald, MI
How much do homes in Fitzgerald, MI cost?
Median Sold Price
$109,000
$63/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,900(+49.1%)
Key Takeaway
Homes in Fitzgerald have sold for 49.1% more than they did a year ago.
Summary: The median home sold price in Fitzgerald was $109,000 in November 2024, up 49.1% from last year, and the median price per square foot was $63.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93K | - | N/A |
| 2 Bedrooms | $58K | - | N/A |
| 3 Bedrooms | $67.5K | $109K | +61.5% |
| 4 Bedrooms | $132.9K | $90K | -32.3% |
| 5+ Bedrooms | $80K | $169.9K | +112.4% |
Summary: Fitzgerald 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 did not change, 3 bedroom homes increased by 61.5%, 4 bedroom homes decreased by 32.3%, and 5+ bedroom homes increased by 112.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Fitzgerald | $73.1K | $109K | +49.1% |
| McNichols | $63K | $79.1K | +25.6% |
| Harmony VIllage | $61K | $76.5K | +25.4% |
| Bagley Community | $180K | $203.5K | +13.1% |
Housing Supply in Fitzgerald, MI
How many homes are available in Fitzgerald, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 38 | +26.7% |
Summary: The Fitzgerald real estate market had 38 homes for sale in November 2024, a 26.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Fitzgerald 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 50%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fitzgerald, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Fitzgerald in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Fitzgerald, MI
How long does it take to sell a home in Fitzgerald, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 11 Days | -41.7% |
Summary: Homes in Fitzgerald had an average of 11 days on market in Nov 2024, down by 41.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fitzgerald are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Fitzgerald; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.