$4,726 Closing Credit*
$398,000
1,575 SqFt
6 Beds
•3 Full Baths
Laurie Ann Zwiers, Listing Office: City2Shore Real Estate Holland
Is Hopkins, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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
$337,375
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$79,375(+30.8%)
Key Takeaway
Homes in Hopkins have sold for 30.8% more than they did a year ago.
Summary: The median home sold price in Hopkins was $337,375 in October 2024, up 30.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $296.4K | $203.5K | -31.4% |
| 3 Bedrooms | $240K | $337.3K | +40.6% |
| 4 Bedrooms | $395.1K | $337.5K | -14.6% |
| 5+ Bedrooms | $325K | $576.7K | +77.5% |
Summary: Hopkins housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.4%, 3 bedroom homes increased by 40.6%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes increased by 77.5%.
Median Sold Price Compared To Nearby Cities
| Hopkins | $258K | $337.3K | +30.8% |
| Hopkins Township | $260.8K | $337.3K | +29.4% |
Housing Supply in Hopkins, MI
How many homes are available in Hopkins, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Hopkins real estate market had 7 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Hopkins 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 remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were 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. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Hopkins in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 11 Days | +475.0% |
Summary: Homes in Hopkins had an average of 11 days on market in Oct 2024, up by 475% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were 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 October 2024, 2 homes were sold in Hopkins; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
