$6,276 Closing Credit*
$528,500
1,592 SqFt
2 Beds
•2 Full Baths, 1 Partial
Todd D Sykes, Listing Office: Berkshire Hathaway HomeServices The Loft Warehouse
Is Jeffries, 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, Jeffries has remained a Buyer's Market.
Key Takeaway
Jeffries is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jeffries, MI
How much do homes in Jeffries, MI cost?
Median Sold Price
$560,000
$201/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$230,630(+70.0%)
Key Takeaway
Homes in Jeffries have sold for 70% more than they did a month ago.
Summary: The median home sold price in Jeffries was $560,000 in November 2024, up 70% from last month, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.1K | - | N/A |
| 3 Bedrooms | $675K | - | N/A |
| 4 Bedrooms | - | $560K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Jeffries 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 did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Jeffries | $329.3K | $560K | +70.0% |
| Woodbridge | $502.1K | $560K | +11.5% |
Housing Supply in Jeffries, MI
How many homes are available in Jeffries, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 36 | +16.1% |
Summary: The Jeffries real estate market had 36 homes for sale in November 2024, a 16.1% increase 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 | 13 | 14 | +7.7% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Jeffries 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 7.7%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -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
Key Takeaway
If you're buying a home in Jeffries, 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 Jeffries 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 Jeffries, MI
How long does it take to sell a home in Jeffries, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 128 Days | 12 Days | -90.6% |
Summary: Homes in Jeffries had an average of 12 days on market in Nov 2024, down by 90.6% 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 Jeffries are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Jeffries; 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.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.