Is Kenockee Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenockee Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kenockee Township was a Neutral Market.

Key Takeaway

Kenockee Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kenockee Township, MI

How much do homes in Kenockee Township, MI cost?

Median Sold Price

$411,400

$172/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$116,400(+39.5%)

Key Takeaway

Homes in Kenockee Township have sold for 39.5% more than they did a month ago.

Summary: The median home sold price in Kenockee Township was $411,400 in November 2024, up 39.5% from last month, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $295K$411.4K
+39.5%
5+ --
N/A

Summary: Kenockee Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kenockee Township
+39.5%
Avoca
+39.5%
Wales Township
-7.5%
Goodells
-7.5%

Housing Supply in Kenockee Township, MI

How many homes are available in Kenockee Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The Kenockee Township real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 32
-33.3%
5+ 00
0.0%

Summary: The Kenockee Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenockee Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kenockee Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Kenockee Township, MI

How long does it take to sell a home in Kenockee Township, MI?

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days44 Days+1012.5%

Summary: Homes in Kenockee Township had an average of 44 days on market in Nov 2024, up by 1012.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kenockee Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Kenockee Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Kenockee Township, MI

Nearby Markets to Kenockee Township, MI

What housing markets are near Kenockee Township, MI?