$594 Closing Credit*
$50,000
1,061 SqFt
3 Beds
•1 Full Bath
Jeff Glover, Arshnoor Singh, Listing Office: KW Professionals
Is Jefferson / Mack, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Jefferson / Mack was a Neutral Market.
Key Takeaway
Jefferson / Mack is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jefferson / Mack, MI
How much do homes in Jefferson / Mack, MI cost?
Median Sold Price
$27,500
$15/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$62,500(-69.4%)
Key Takeaway
Homes in Jefferson / Mack have sold for 69.4% less than they did a month ago.
Summary: The median home sold price in Jefferson / Mack was $27,500 in October 2024, down 69.4% from last month, and the median price per square foot was $15.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $90K | - | N/A |
| 4 Bedrooms | - | $27.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Jefferson / Mack housing prices by bedroom type for October 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 did not change, and 5+ bedroom homes did not change.
Housing Supply in Jefferson / Mack, MI
How many homes are available in Jefferson / Mack, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Summary: The Jefferson / Mack real estate market had 11 homes for sale in October 2024, a 57.1% 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 | 2 | 4 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Jefferson / Mack 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
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 Jefferson / Mack, 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 Jefferson / Mack in October 2024, the same as the previous 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 Jefferson / Mack, MI
How long does it take to sell a home in Jefferson / Mack, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 10 Days | +25.0% |
Summary: Homes in Jefferson / Mack had an average of 10 days on market in Oct 2024, up by 25% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson / Mack are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Jefferson / Mack; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.