$4,155 Closing Credit*
$349,900
2,105 SqFt
3 Beds
•3 Full Baths, 1 Partial
Lori A Grysen, Listing Office: Five Star Real Estate (Grandv)
Is Jenison, 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, Jenison has remained a Seller's Market.
Key Takeaway
Jenison is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jenison, MI
How much do homes in Jenison, MI cost?
Median Sold Price
$348,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,666(+4.4%)
Key Takeaway
Homes in Jenison have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Jenison was $348,000 in November 2024, up 4.4% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $251.2K | N/A |
| 2 Bedrooms | $210K | $235K | +11.9% |
| 3 Bedrooms | $315K | $335.9K | +6.6% |
| 4 Bedrooms | $376K | $388K | +3.2% |
| 5+ Bedrooms | $419K | $469.9K | +12.1% |
Summary: Jenison housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 12.1%.
Median Sold Price Compared To Nearby Cities
| Grandville | $335.5K | $359K | +7.0% |
| Hudsonville | $390.6K | $413.5K | +5.9% |
| Georgetown Charter Township | $350K | $370K | +5.7% |
| Jenison | $333.3K | $348K | +4.4% |
| Tallmadge Charter Township | $413.7K | $397.9K | -3.8% |
Housing Supply in Jenison, MI
How many homes are available in Jenison, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 57 | -23.0% |
Summary: The Jenison real estate market had 57 homes for sale in November 2024, a 23.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 17 | 10 | -41.2% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 24 | 17 | -29.2% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Jenison housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 41.2%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 18 | -35.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jenison, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Jenison in November 2024, down by 35.7% month-over-month. Of the 18 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Jenison, MI
How long does it take to sell a home in Jenison, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 15 Days | -49.0% |
Summary: Homes in Jenison had an average of 15 days on market in Nov 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jenison are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in Jenison; 89% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
