$8,014 Closing Credit*
$674,900
1,823 SqFt
2 Beds
•2 Full Baths
Rick L Quinn, Listing Office: Coldwell Banker Anchor-Hart
Is Hesperia, 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, Hesperia has remained a Seller's Market.
Key Takeaway
Hesperia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hesperia, MI
How much do homes in Hesperia, MI cost?
Median Sold Price
$227,250
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,800(+36.5%)
Key Takeaway
Homes in Hesperia have sold for 36.5% more than they did a year ago.
Summary: The median home sold price in Hesperia was $227,250 in November 2024, up 36.5% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $173.7K | $187K | +7.6% |
| 2 Bedrooms | $113K | $215K | +90.3% |
| 3 Bedrooms | $239K | $215K | -10.0% |
| 4 Bedrooms | $252.4K | $224.5K | -11.1% |
| 5+ Bedrooms | $230K | $675K | +193.5% |
Summary: Hesperia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 90.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 193.5%.
Housing Supply in Hesperia, MI
How many homes are available in Hesperia, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The Hesperia real estate market had 23 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hesperia 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 decreased by 22.2%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 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 Hesperia, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Hesperia in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Hesperia, MI
How long does it take to sell a home in Hesperia, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 216 Days | +436.2% |
Summary: Homes in Hesperia had an average of 216 days on market in Nov 2024, up by 436.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hesperia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Hesperia; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
