$7,113 Closing Credit*
$599,000
1,862 SqFt
3 Beds
•2 Full Baths
Lisa Clark, Listing Office: National Realty Centers, Inc
Is Iosco 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, 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
$383,250
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,000(+14.3%)
Key Takeaway
Homes in Iosco Township have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Iosco Township was $383,250 in October 2024, up 14.3% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $130K | $300K | +130.8% |
| 3 Bedrooms | $336K | $357.9K | +6.5% |
| 4 Bedrooms | $335.2K | $410K | +22.3% |
| 5+ Bedrooms | - | $462.5K | N/A |
Summary: Iosco 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 130.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Unadilla Township | $265K | $329.5K | +24.3% |
| Gregory | $302.5K | $350K | +15.7% |
| Iosco Township | $335.2K | $383.2K | +14.3% |
| Handy Township | $290.1K | $310.5K | +7.0% |
| Marion Township | $370.2K | $380K | +2.6% |
Housing Supply in Iosco Township, MI
How many homes are available in Iosco Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Iosco Township real estate market had 18 homes for sale in October 2024, a 5.3% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Iosco 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Iosco Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Iosco Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 81 Days | +195.5% |
Summary: Homes in Iosco Township had an average of 81 days on market in Oct 2024, up by 195.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Iosco Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Iosco Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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.