$3,205 Closing Credit*
$269,900
1,999 SqFt
3 Beds
•1 Full Bath, 1 Partial
Corey Welch, Listing Office: eXp Realty LLC in Monroe
Is Ida Township, 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, Ida Township has remained a Seller's Market.
Key Takeaway
Ida Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ida Township, MI
How much do homes in Ida Township, MI cost?
Median Sold Price
$274,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,500(+9.8%)
Key Takeaway
Homes in Ida Township have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Ida Township was $274,500 in October 2024, up 9.8% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $242K | +46.7% |
| 3 Bedrooms | $245K | $235K | -4.1% |
| 4 Bedrooms | $300K | $330.7K | +10.2% |
| 5+ Bedrooms | $520.9K | $358.3K | -31.2% |
Summary: Ida Township 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 increased by 46.7%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 31.2%.
Median Sold Price Compared To Nearby Cities
| Raisinville Township | $260K | $290.5K | +11.7% |
| Ida Township | $250K | $274.5K | +9.8% |
| Temperance | $250K | $260K | +4.0% |
| Dundee Township | $290K | $270K | -6.9% |
Housing Supply in Ida Township, MI
How many homes are available in Ida Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The Ida Township real estate market had 17 homes for sale in October 2024, a 21.4% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Ida 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ida Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Ida Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Ida Township, MI
How long does it take to sell a home in Ida Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 70 Days | +246.5% |
Summary: Homes in Ida Township had an average of 70 days on market in Oct 2024, up by 246.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ida Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Ida Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
