$2,494 Closing Credit*
$210,000
1,250 SqFt
4 Beds
•1 Full Bath, 1 Partial
Laura Corpe, Listing Office: KW Northern Michigan Team Partners
Is Higgins Township, 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, Higgins Township was a Seller's Market.
Key Takeaway
Higgins Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Higgins Township, MI
How much do homes in Higgins Township, MI cost?
Median Sold Price
$216,500
$94/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$49,400(+29.6%)
Key Takeaway
Homes in Higgins Township have sold for 29.6% more than they did a month ago.
Summary: The median home sold price in Higgins Township was $216,500 in October 2024, up 29.6% from last month, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $58K | N/A |
| 3 Bedrooms | $152K | - | N/A |
| 4 Bedrooms | $182.1K | $375K | +105.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Higgins Township 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 did not change, 4 bedroom homes increased by 105.8%, and 5+ bedroom homes did not change.
Housing Supply in Higgins Township, MI
How many homes are available in Higgins Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The Higgins Township real estate market had 13 homes for sale in October 2024, a 18.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Higgins Township 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 25%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Higgins Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Higgins Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Higgins Township, MI
How long does it take to sell a home in Higgins Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 92 Days | +300.0% |
Summary: Homes in Higgins Township had an average of 92 days on market in Oct 2024, up by 300% 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 Higgins Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in Higgins Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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