$1,425 Closing Credit*
$120,000
1,052 SqFt
2 Beds
•1 Full Bath
Erin McDonald, Listing Office: CENTURY 21 LEE-MAC REALTY
Is Jonesfield Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Jonesfield Township was a Neutral Market.
Key Takeaway
Jonesfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jonesfield Township, MI
How much do homes in Jonesfield Township, MI cost?
Median Sold Price
$142,450
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,050(-6.6%)
Key Takeaway
Homes in Jonesfield Township have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in Jonesfield Township was $142,450 in October 2024, down 6.6% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $68K | $90K | +32.4% |
| 3 Bedrooms | $187K | $145K | -22.5% |
| 4 Bedrooms | $135K | $202.5K | +50.0% |
| 5+ Bedrooms | $166.4K | $256K | +53.8% |
Summary: Jonesfield 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 32.4%, 3 bedroom homes decreased by 22.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 53.8%.
Median Sold Price Compared To Nearby Cities
| Richland Township | $313.5K | $320K | +2.1% |
| Merrill | $163.7K | $160.9K | -1.7% |
| Jonesfield Township | $152.5K | $142.4K | -6.6% |
Housing Supply in Jonesfield Township, MI
How many homes are available in Jonesfield Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Jonesfield Township real estate market had 6 homes for sale in October 2024, a 33.3% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Jonesfield 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 decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jonesfield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Jonesfield Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jonesfield Township, MI
How long does it take to sell a home in Jonesfield Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 61 Days | +339.3% |
Summary: Homes in Jonesfield Township had an average of 61 days on market in Oct 2024, up by 339.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jonesfield Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Jonesfield Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
