$795,000
1.16 Acres
Land
Donald Fedrigon, Listing Office: REMAX Of Elk Rapids
Is Kewadin, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Kewadin has remained a Buyer's Market.
Key Takeaway
Kewadin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kewadin, MI
How much do homes in Kewadin, MI cost?
Median Sold Price
$396,800
$138/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$253,200(-39.0%)
Key Takeaway
Homes in Kewadin have sold for 39% less than they did a month ago.
Summary: The median home sold price in Kewadin was $396,800 in October 2024, down 39% from last month, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $650K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $396.8K | N/A |
Summary: Kewadin 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Milton Township | $507K | $500K | -1.4% |
| Kewadin | $650K | $396.8K | -39.0% |
Housing Supply in Kewadin, MI
How many homes are available in Kewadin, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 20 | +42.9% |
Summary: The Kewadin real estate market had 20 homes for sale in October 2024, a 42.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Kewadin 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kewadin, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Kewadin in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Kewadin, MI
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kewadin are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Kewadin; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
