$2,671 Closing Credit*
$224,900
1,584 SqFt
3 Beds
•2 Full Baths
Jack C Walker III, Listing Office: American Associates REALTORS
Is Goodrich, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Goodrich was a Seller's Market.
Key Takeaway
Goodrich is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Goodrich, MI
How much do homes in Goodrich, MI cost?
Median Sold Price
$326,300
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,200(-0.7%)
Key Takeaway
Homes in Goodrich have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Goodrich was $326,300 in November 2024, down 0.7% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $243K | +3.4% |
| 3 Bedrooms | $294.9K | $305K | +3.4% |
| 4 Bedrooms | $416.2K | $398K | -4.4% |
| 5+ Bedrooms | $438K | $475K | +8.4% |
Summary: Goodrich 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 3.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Atlas Township | $303K | $333.1K | +9.9% |
| Goodrich | $328.5K | $326.3K | -0.7% |
Housing Supply in Goodrich, MI
How many homes are available in Goodrich, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The Goodrich real estate market had 33 homes for sale in November 2024, a 6.5% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Goodrich 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 100%, 3 bedroom homes increased by 5.3%, 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
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Goodrich, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Goodrich in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Goodrich, MI
How long does it take to sell a home in Goodrich, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 70 Days | +686.1% |
Summary: Homes in Goodrich had an average of 70 days on market in Nov 2024, up by 686.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Goodrich has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Goodrich; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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.