$1,959 Closing Credit*
$165,000
1,456 SqFt
3 Beds
•1 Full Bath
Jessica Hillyer, Listing Office: Coldwell Banker Professionals-West
Is Ionia, 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, Ionia has remained a Seller's Market.
Key Takeaway
Ionia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ionia, MI
How much do homes in Ionia, MI cost?
Median Sold Price
$200,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,100(+7.0%)
Key Takeaway
Homes in Ionia have sold for 7% more than they did a year ago.
Summary: The median home sold price in Ionia was $200,000 in November 2024, up 7% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $135K | +92.9% |
| 2 Bedrooms | $145K | $160.6K | +10.8% |
| 3 Bedrooms | $182K | $210K | +15.4% |
| 4 Bedrooms | $245K | $220K | -10.2% |
| 5+ Bedrooms | $169K | $350K | +107.1% |
Summary: Ionia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.9%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 107.1%.
Median Sold Price Compared To Nearby Cities
| Ionia | $186.9K | $200K | +7.0% |
| Ionia Township | $189.9K | $202.5K | +6.6% |
| Easton Township | $223K | $217K | -2.7% |
Housing Supply in Ionia, MI
How many homes are available in Ionia, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 52 | -14.8% |
Summary: The Ionia real estate market had 52 homes for sale in November 2024, a 14.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 31 | 22 | -29.0% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Ionia 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 increased by 12.5%, 3 bedroom homes decreased by 29%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ionia, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Ionia in November 2024, down by 18.8% month-over-month. Of the 13 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% were sold over asking.
Days on Market for Ionia, MI
How long does it take to sell a home in Ionia, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 39 Days | +90.4% |
Summary: Homes in Ionia had an average of 39 days on market in Nov 2024, up by 90.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ionia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Ionia; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% 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.