Is Ingersoll Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ingersoll Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ingersoll Township has remained a Seller's Market.

Key Takeaway

Ingersoll Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ingersoll Township, MI

How much do homes in Ingersoll Township, MI cost?

Median Sold Price

$350,000

$192/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$80,100(+29.7%)

Key Takeaway

Homes in Ingersoll Township have sold for 29.7% more than they did a month ago.

Summary: The median home sold price in Ingersoll Township was $350,000 in November 2024, up 29.7% from last month, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $234.2K-
N/A
4 $269.9K$350K
+29.7%
5+ --
N/A

Summary: Ingersoll Township housing prices by bedroom type for November 2024 compared to the previous month: 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 29.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ingersoll Township
+29.7%
Mount Haley Township
-46.6%

Housing Supply in Ingersoll Township, MI

How many homes are available in Ingersoll Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The Ingersoll Township real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Ingersoll Township housing inventory by bedroom type for November 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 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ingersoll Township, 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 Ingersoll Township in November 2024, down by 66.7% 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 Ingersoll Township, MI

How long does it take to sell a home in Ingersoll Township, MI?

Average Sale Time

Oct 2024Nov 2024CHANGE
17 Days74 Days+326.9%

Summary: Homes in Ingersoll Township had an average of 74 days on market in Nov 2024, up by 326.9% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ingersoll Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Ingersoll Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Ingersoll Township, MI

Nearby Markets to Ingersoll Township, MI

What housing markets are near Ingersoll Township, MI?