$2,838 Closing Credit*
$239,000
2,352 SqFt
2 Full Baths
Maria Ferrer, Listing Office: Berkshire Hathaway HomeServices The Loft Warehouse
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
$68,000
$52/sqft
Based on all homes sold in October 2024.
The Median Sold Price hasn't changed since September 2024.
Key Takeaway
The sold price of homes in Kettering has remained the same since last month.
Summary: The median home sold price in Kettering was $68,000 in October 2024, the same as last month, and the median price per square foot was $52.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $47K | N/A |
| 3 Bedrooms | $68K | $51.5K | -24.3% |
| 4 Bedrooms | $60.2K | - | N/A |
| 5+ Bedrooms | - | $272.9K | N/A |
Summary: Kettering housing prices by bedroom type for October 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 decreased by 24.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Kettering, MI
How many homes are available in Kettering, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Summary: The Kettering real estate market had 38 homes for sale in October 2024, a 11.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Kettering housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kettering, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Kettering in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 32 Days | -45.4% |
Summary: Homes in Kettering had an average of 32 days on market in Oct 2024, down by 45.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 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 October 2024, 5 homes were sold in Kettering; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.