$4,263 Closing Credit*
$359,000
8,972 SqFt
6 Beds
•1 Full Bath, 1 Partial
Ava Pavlina, Listing Office: Arterra Luxe Collection LLC
Is Indian Village Historic District, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Indian Village Historic District was a Seller's Market.
Key Takeaway
Indian Village Historic District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indian Village Historic District, MI
How much do homes in Indian Village Historic District, MI cost?
Median Sold Price
$555,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$95,000(+20.7%)
Key Takeaway
Homes in Indian Village Historic District have sold for 20.7% more than they did a year ago.
Summary: The median home sold price in Indian Village Historic District was $555,000 in October 2024, up 20.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $250K | N/A |
| 4 Bedrooms | $216.5K | $555K | +156.4% |
| 5+ Bedrooms | $590K | $610K | +3.4% |
Summary: Indian Village Historic District 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 156.4%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Indian Village Historic District | $460K | $555K | +20.7% |
| Indian Village | $163.5K | $185K | +13.1% |
| Butzel | $175.7K | $130K | -26.0% |
Housing Supply in Indian Village Historic District, MI
How many homes are available in Indian Village Historic District, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The Indian Village Historic District real estate market had 9 homes for sale in October 2024, a 50.0% 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 | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Indian Village Historic District 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Village Historic District, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Indian Village Historic District in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Indian Village Historic District, MI
How long does it take to sell a home in Indian Village Historic District, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 64 Days | +814.3% |
Summary: Homes in Indian Village Historic District had an average of 64 days on market in Oct 2024, up by 814.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Indian Village Historic District has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Indian Village Historic District; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
