$10,000 Closing Credit*
$925,000
2,221 SqFt
3 Beds
•3 Full Baths
Nancy L Stewart, Listing Office: Jaqua Realtors
Is Ganges Township, 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, Ganges Township has remained a Seller's Market.
Key Takeaway
Ganges Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ganges Township, MI
How much do homes in Ganges Township, MI cost?
Median Sold Price
$550,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$70,050(+14.6%)
Key Takeaway
Homes in Ganges Township have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Ganges Township was $550,000 in November 2024, up 14.6% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $724K | - | N/A |
| 2 Bedrooms | $386K | $504K | +30.6% |
| 3 Bedrooms | $615K | $480K | -22.0% |
| 4 Bedrooms | $500K | $650K | +30.0% |
| 5+ Bedrooms | $1.4M | $725K | -51.6% |
Summary: Ganges Township 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 increased by 30.6%, 3 bedroom homes decreased by 22%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 51.6%.
Median Sold Price Compared To Nearby Cities
| Ganges Township | $479.9K | $550K | +14.6% |
| Saugatuck Township | $610K | $625K | +2.5% |
| Clyde Township | $288K | $250K | -13.2% |
Housing Supply in Ganges Township, MI
How many homes are available in Ganges Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Ganges Township real estate market had 15 homes for sale in November 2024, a 6.3% decrease 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 | 7 | 6 | -14.3% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Ganges 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 decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +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
Key Takeaway
If you're buying a home in Ganges Township, 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 Ganges Township in November 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 Ganges Township, MI
How long does it take to sell a home in Ganges Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 13 Days | -43.9% |
Summary: Homes in Ganges Township had an average of 13 days on market in Nov 2024, down by 43.9% 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
Key Takeaway
Many homes in Ganges Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Ganges Township; 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.
