$1,353 Closing Credit*
$113,900
594 SqFt
1 Bed
•1 Full Bath
Julia Pietrowicz, Listing Office: Keller Williams - Northern Michigan
Is Kearney Township, 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, Kearney Township was a Seller's Market.
Key Takeaway
Kearney Township 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 Kearney Township, MI
How much do homes in Kearney Township, MI cost?
Median Sold Price
$265,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,500(+7.1%)
Key Takeaway
Homes in Kearney Township have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Kearney Township was $265,000 in November 2024, up 7.1% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.5K | $141.5K | +38.0% |
| 2 Bedrooms | $245K | $257K | +4.9% |
| 3 Bedrooms | $273.5K | $313.5K | +14.6% |
| 4 Bedrooms | $450K | $477.5K | +6.1% |
| 5+ Bedrooms | $744.5K | $340.5K | -54.3% |
Summary: Kearney Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 54.3%.
Median Sold Price Compared To Nearby Cities
| Forest Home Township | $320K | $375K | +17.2% |
| Bellaire | $273.5K | $315K | +15.2% |
| Kearney Township | $247.5K | $265K | +7.1% |
Housing Supply in Kearney Township, MI
How many homes are available in Kearney Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 60 | -1.6% |
Summary: The Kearney Township real estate market had 60 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 10 | -23.1% |
| 2 Bedrooms | 20 | 17 | -15.0% |
| 3 Bedrooms | 16 | 20 | +25.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Kearney Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.1%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
9 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 Kearney Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Kearney Township in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kearney Township, MI
How long does it take to sell a home in Kearney Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 143 Days | +104.5% |
Summary: Homes in Kearney Township had an average of 143 days on market in Nov 2024, up by 104.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Kearney Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 9 homes were sold in Kearney Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
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