$1,223 Closing Credit*
$103,000
1,000 SqFt
3 Beds
•2 Full Baths
Steve Koleno, Listing Office: Beycome Brokerage Realty LLC
Is Kalkaska County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Kalkaska County was a Seller's Market.
Key Takeaway
Kalkaska County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Kalkaska County, MI
How much do homes in Kalkaska County, MI cost?
Median Sold Price
$259,933
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,133(+1.2%)
Key Takeaway
Homes in Kalkaska County have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Kalkaska County was $259,933 in November 2024, up 1.2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.5K | $125K | -2.0% |
| 2 Bedrooms | $194.5K | $214.9K | +10.5% |
| 3 Bedrooms | $258.6K | $260K | 0.5% |
| 4 Bedrooms | $412.5K | $375K | -9.1% |
| 5+ Bedrooms | $290.5K | $875K | +201.2% |
Summary: Kalkaska County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 201.2%.
Median Sold Price Compared To Nearby Counties
| Antrim County | $267.5K | $316.3K | +18.3% |
| Missaukee County | $206.5K | $230K | +11.4% |
| Grand Traverse County | $404.8K | $431.9K | +6.7% |
| Crawford County | $180K | $184.9K | +2.8% |
| Kalkaska County | $256.8K | $259.9K | +1.2% |
Housing Supply in Kalkaska County, MI
How many homes are available in Kalkaska County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 105 | 103 | -1.9% |
Summary: The Kalkaska County real estate market had 103 homes for sale in November 2024, a 1.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 8 | -27.3% |
| 2 Bedrooms | 25 | 25 | 0.0% |
| 3 Bedrooms | 42 | 40 | -4.8% |
| 4 Bedrooms | 22 | 25 | +13.6% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Kalkaska County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kalkaska County, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Kalkaska County in November 2024, down by 15.0% month-over-month. Of the 16 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Kalkaska County, MI
How long does it take to sell a home in Kalkaska County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 91 Days | +14.4% |
Summary: Homes in Kalkaska County had an average of 91 days on market in Nov 2024, up by 14.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kalkaska County has remained consistent over time.
Summary: During November 2024, 17 homes were sold in Kalkaska County; 0% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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