$4,750 Closing Credit*
$400,000
968 SqFt
4 Beds
•2 Full Baths
Annette Scoville, Listing Office: Coldwell Banker Groves Real Estate
Is Horton, 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, Horton has remained a Seller's Market.
Key Takeaway
Horton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Horton, MI
How much do homes in Horton, MI cost?
Median Sold Price
$350,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.9%)
Key Takeaway
Homes in Horton have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Horton was $350,000 in October 2024, up 2.9% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410K | $158K | -61.5% |
| 3 Bedrooms | $281K | $385K | +37.0% |
| 4 Bedrooms | $225K | $347.5K | +54.4% |
| 5+ Bedrooms | $600K | $392.5K | -34.6% |
Summary: Horton 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 61.5%, 3 bedroom homes increased by 37%, 4 bedroom homes increased by 54.4%, and 5+ bedroom homes decreased by 34.6%.
Median Sold Price Compared To Nearby Cities
| Hanover Township | $225K | $258.5K | +14.9% |
| Horton | $340K | $350K | +2.9% |
| Liberty Township | $340K | $335K | -1.5% |
Housing Supply in Horton, MI
How many homes are available in Horton, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 22 | +37.5% |
Summary: The Horton real estate market had 22 homes for sale in October 2024, a 37.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Horton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Horton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Horton in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Horton, MI
How long does it take to sell a home in Horton, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 60 Days | +3.4% |
Summary: Homes in Horton had an average of 60 days on market in Oct 2024, up by 3.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Horton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Horton; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.