$593 Closing Credit*
$49,900
1,292 SqFt
2 Beds
•1 Full Bath
Jacklynn Bissonette, Listing Office: Century 21 Rockgate
Is Howard City, 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, Howard City has remained a Seller's Market.
Key Takeaway
Howard City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Howard City, MI
How much do homes in Howard City, MI cost?
Median Sold Price
$250,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,550(+5.3%)
Key Takeaway
Homes in Howard City have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Howard City was $250,000 in November 2024, up 5.3% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74.2K | $183K | +146.3% |
| 2 Bedrooms | $230K | $221K | -3.9% |
| 3 Bedrooms | $231K | $229K | -0.9% |
| 4 Bedrooms | $250K | $317.5K | +27.0% |
| 5+ Bedrooms | $430K | $374.9K | -12.8% |
Summary: Howard City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 146.3%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 27%, and 5+ bedroom homes decreased by 12.8%.
Median Sold Price Compared To Nearby Cities
| Howard City | $237.4K | $250K | +5.3% |
| Reynolds Township | $237K | $240K | +1.3% |
| Pierson Township | $296.4K | $295K | -0.5% |
Housing Supply in Howard City, MI
How many homes are available in Howard City, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 30 | -14.3% |
Summary: The Howard City real estate market had 30 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 23 | 19 | -17.4% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Howard City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Howard City, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Howard City in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Howard City, MI
How long does it take to sell a home in Howard City, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 33 Days | +115.7% |
Summary: Homes in Howard City had an average of 33 days on market in Nov 2024, up by 115.7% compared to last year.
Breakdown of Home Sale Times
5 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 Howard City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Howard City; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
