$1,876 Closing Credit*
$158,000
1,215 SqFt
3 Beds
•1 Full Bath
Nabil Rahman, Listing Office: Home Pride Realty
Is Foch, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Foch was a Seller's Market.
Key Takeaway
Foch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Foch, MI
How much do homes in Foch, MI cost?
Median Sold Price
$125,000
$84/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$14,325(-10.3%)
Key Takeaway
Homes in Foch have sold for 10.3% less than they did a month ago.
Summary: The median home sold price in Foch was $125,000 in October 2024, down 10.3% from last month, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $85K | $125K | +47.1% |
| 4 Bedrooms | $118.6K | - | N/A |
| 5+ Bedrooms | $199K | - | N/A |
Summary: Foch housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 47.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Foch, MI
How many homes are available in Foch, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The Foch real estate market had 17 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Foch 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 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Foch, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Foch in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Foch, MI
How long does it take to sell a home in Foch, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 232 Days | +359.4% |
Summary: Homes in Foch had an average of 232 days on market in Oct 2024, up by 359.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Foch are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Foch; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
