$831 Closing Credit*
$70,000
890 SqFt
2 Beds
•1 Full Bath
Marta Kopania, Listing Office: 1st Michigan Real Estate
Is Kettering, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Kettering was a Neutral Market.
Key Takeaway
Kettering is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kettering, MI
How much do homes in Kettering, MI cost?
Median Sold Price
$155,000
$92/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$9,000(+6.2%)
Key Takeaway
Homes in Kettering have sold for 6.2% more than they did a month ago.
Summary: The median home sold price in Kettering was $155,000 in November 2024, up 6.2% from last month, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $103.5K | - | N/A |
| 3 Bedrooms | $51.5K | $155K | +201.0% |
| 4 Bedrooms | - | $197K | N/A |
| 5+ Bedrooms | $200K | - | N/A |
Summary: Kettering 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 increased by 201%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Saint Jean | $6.5K | $12.5K | +92.3% |
| Kettering | $146K | $155K | +6.2% |
| Indian Village Historic District | $610K | $207.5K | -66.0% |
Housing Supply in Kettering, MI
How many homes are available in Kettering, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Summary: The Kettering real estate market had 41 homes for sale in November 2024, a 2.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 23 | 27 | +17.4% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 6 | 2 | -66.7% |
Summary: The Kettering 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 decreased by 60%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kettering, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Kettering in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Kettering, MI
How long does it take to sell a home in Kettering, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 44 Days | +21.2% |
Summary: Homes in Kettering had an average of 44 days on market in Nov 2024, up by 21.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kettering has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Kettering; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.