$2,968 Closing Credit*
$249,900
1,721 SqFt
4 Beds
•1 Full Bath, 1 Partial
BRENT CHURCH, Listing Office: MORRIS-RICHARDSON RE
Is Foster Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Foster Township has remained a Seller's Market.
Key Takeaway
Foster Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Foster Township, MI
How much do homes in Foster Township, MI cost?
Median Sold Price
$250,000
$143/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$28,750(-10.3%)
Key Takeaway
Homes in Foster Township have sold for 10.3% less than they did a month ago.
Summary: The median home sold price in Foster Township was $250,000 in November 2024, down 10.3% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $39.9K | $320K | +702.0% |
| 3 Bedrooms | $448.7K | $250K | -44.3% |
| 4 Bedrooms | $305K | $179.6K | -41.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Foster Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 702%, 3 bedroom homes decreased by 44.3%, 4 bedroom homes decreased by 41.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Luzerne | $35K | $125.3K | +258.2% |
| Foster Township | $278.7K | $250K | -10.3% |
Housing Supply in Foster Township, MI
How many homes are available in Foster Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Foster Township real estate market had 17 homes for sale in November 2024, a 6.3% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Foster Township 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 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 Foster Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Foster Township in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Foster Township, MI
How long does it take to sell a home in Foster Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 Days | 104 Days | +24.0% |
Summary: Homes in Foster Township had an average of 104 days on market in Nov 2024, up by 24% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Foster Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Foster Township; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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.