$7,600 Closing Credit*
$640,000
3,209 SqFt
6 Beds
•3 Full Baths, 1 Partial
Larry E Martin, Dana VanderWal, Listing Office: Keller Williams Realty Rivertown
Is Hopkins, 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, Hopkins has remained a Seller's Market.
Key Takeaway
Hopkins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hopkins, MI
How much do homes in Hopkins, MI cost?
Median Sold Price
$280,000
$272/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$5,550(-1.9%)
Key Takeaway
Homes in Hopkins have sold for 1.9% less than they did a month ago.
Summary: The median home sold price in Hopkins was $280,000 in November 2024, down 1.9% from last month, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $262K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $340.5K | $330K | -3.1% |
| 4 Bedrooms | $230.6K | $280K | +21.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Hopkins 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 did not change, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hopkins | $285.5K | $280K | -1.9% |
| Hopkins Township | $340.5K | $280K | -17.8% |
Housing Supply in Hopkins, MI
How many homes are available in Hopkins, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Hopkins real estate market had 8 homes for sale in November 2024, a 11.1% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hopkins 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hopkins, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Hopkins in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Hopkins, MI
How long does it take to sell a home in Hopkins, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 24 Days | +97.3% |
Summary: Homes in Hopkins had an average of 24 days on market in Nov 2024, up by 97.3% compared to last month.
Breakdown of Home Sale Times
2 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 Hopkins are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Hopkins; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
