$244,900
4.55 Acres
Land
Randall Mann, Listing Office: Great Lakes Land Co
Is Kingsley, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Kingsley was a Seller's Market.
Key Takeaway
Kingsley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kingsley, MI
How much do homes in Kingsley, MI cost?
Median Sold Price
$310,950
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,050(-1.3%)
Key Takeaway
Homes in Kingsley have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Kingsley was $310,950 in November 2024, down 1.3% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $226K | $215K | -4.9% |
| 3 Bedrooms | $299.9K | $297.5K | -0.8% |
| 4 Bedrooms | $362.5K | $374K | +3.2% |
| 5+ Bedrooms | $343.9K | $401.2K | +16.7% |
Summary: Kingsley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 16.7%.
Median Sold Price Compared To Nearby Cities
| Paradise Township | $300.5K | $297.5K | -1.0% |
| Kingsley | $315K | $310.9K | -1.3% |
Housing Supply in Kingsley, MI
How many homes are available in Kingsley, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 43 | +10.3% |
Summary: The Kingsley real estate market had 43 homes for sale in November 2024, a 10.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Kingsley 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 increased by 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kingsley, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Kingsley in November 2024, up by 66.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kingsley, MI
How long does it take to sell a home in Kingsley, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 91 Days | 106 Days | +16.9% |
Summary: Homes in Kingsley had an average of 106 days on market in Nov 2024, up by 16.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Kingsley are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in Kingsley; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 80% of homes were sold over 90 days.
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