$1,087 Closing Credit*
$91,500
768 SqFt
2 Beds
•1 Full Bath
#50163440, JANA VISH, Listing Office: MULTI STATE REALTY
Is Kingsford, 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, Kingsford has remained a Seller's Market.
Key Takeaway
Kingsford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kingsford, MI
How much do homes in Kingsford, MI cost?
Median Sold Price
$200,000
$144/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$94,050(+88.8%)
Key Takeaway
Homes in Kingsford have sold for 88.8% more than they did a month ago.
Summary: The median home sold price in Kingsford was $200,000 in November 2024, up 88.8% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $88.5K | $175K | +97.7% |
| 3 Bedrooms | $377.4K | $104.5K | -72.3% |
| 4 Bedrooms | - | $407.4K | N/A |
| 5+ Bedrooms | - | $563.9K | N/A |
Summary: Kingsford 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 increased by 97.7%, 3 bedroom homes decreased by 72.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Breitung Charter Township | $92K | $390K | +323.9% |
| Kingsford | $105.9K | $200K | +88.8% |
Housing Supply in Kingsford, MI
How many homes are available in Kingsford, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Summary: The Kingsford real estate market had 32 homes for sale in November 2024, a 3.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Kingsford 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 18.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kingsford, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Kingsford in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Kingsford, MI
How long does it take to sell a home in Kingsford, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 34 Days | -15.6% |
Summary: Homes in Kingsford had an average of 34 days on market in Nov 2024, down by 15.6% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kingsford are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Kingsford; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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.