$2,838 Closing Credit*
$239,000
1,120 SqFt
3 Beds
•1 Bath
Janet Piscopo, Listing Office: Coldwell Banker Schmidt-Bellai
Is Kearney 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, Kearney Township was a Seller's Market.
Key Takeaway
Kearney Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kearney Township, MI
How much do homes in Kearney Township, MI cost?
Median Sold Price
$272,500
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,250(+9.8%)
Key Takeaway
Homes in Kearney Township have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Kearney Township was $272,500 in October 2024, up 9.8% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107K | $107K | 0.0% |
| 2 Bedrooms | $246.2K | $259K | +5.2% |
| 3 Bedrooms | $273.5K | $318.5K | +16.5% |
| 4 Bedrooms | $540K | $462.5K | -14.4% |
| 5+ Bedrooms | $739.7K | $580K | -21.6% |
Summary: Kearney 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 5.2%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 21.6%.
Median Sold Price Compared To Nearby Cities
| Forest Home Township | $330K | $417K | +26.4% |
| Kearney Township | $248.2K | $272.5K | +9.8% |
| Bellaire | $301.5K | $320K | +6.1% |
Housing Supply in Kearney Township, MI
How many homes are available in Kearney Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 65 | +22.6% |
Summary: The Kearney Township real estate market had 65 homes for sale in October 2024, a 22.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 15 | +25.0% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 14 | 18 | +28.6% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Kearney Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
7 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 8 homes were sold or pending in Kearney Township in October 2024, up by 166.7% month-over-month. Of the 7 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 98 Days | +108.2% |
Summary: Homes in Kearney Township had an average of 98 days on market in Oct 2024, up by 108.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kearney Township has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Kearney Township; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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