$4,453 Closing Credit*
$375,000
1,300 SqFt
3 Beds
•2 Full Baths
Victoria Nulty, Listing Office: Partners Real Estate Professionals
Is Iosco Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Iosco Township has remained a Seller's Market.
Key Takeaway
Iosco Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Iosco Township, MI
How much do homes in Iosco Township, MI cost?
Median Sold Price
$334,500
$180/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$65,500(-16.4%)
Key Takeaway
Homes in Iosco Township have sold for 16.4% less than they did a month ago.
Summary: The median home sold price in Iosco Township was $334,500 in November 2024, down 16.4% from last month, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $457.5K | $319K | -30.3% |
| 4 Bedrooms | $400K | $670K | +67.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Iosco 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 decreased by 30.3%, 4 bedroom homes increased by 67.5%, and 5+ bedroom homes did not change.
Housing Supply in Iosco Township, MI
How many homes are available in Iosco Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Iosco Township real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Iosco 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 9.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Iosco Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Iosco Township in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Iosco Township, MI
How long does it take to sell a home in Iosco Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 Days | 24 Days | -63.5% |
Summary: Homes in Iosco Township had an average of 24 days on market in Nov 2024, down by 63.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Iosco Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Iosco Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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.