$2,611 Closing Credit*
$219,900
1,019 SqFt
3 Beds
•1 Full Bath
Corey Welch, Listing Office: eXp Realty LLC in Monroe
Is La Salle, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, La Salle was a Seller's Market.
Key Takeaway
La Salle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in La Salle, MI
How much do homes in La Salle, MI cost?
Median Sold Price
$273,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$58,000(+27.0%)
Key Takeaway
Homes in La Salle have sold for 27% more than they did a year ago.
Summary: The median home sold price in La Salle was $273,000 in October 2024, up 27% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | - | N/A |
| 2 Bedrooms | $162.6K | $260K | +59.9% |
| 3 Bedrooms | $195K | $247.5K | +26.9% |
| 4 Bedrooms | $273.5K | $419.9K | +53.5% |
| 5+ Bedrooms | $300K | $360K | +20.0% |
Summary: La Salle housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59.9%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 53.5%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
| La Salle | $215K | $273K | +27.0% |
| La Salle Township | $241.5K | $263.5K | +9.1% |
| Erie | $190.5K | $202.5K | +6.3% |
| Luna Pier | $160.5K | $169K | +5.3% |
| Monroe Charter Township | $200K | $209K | +4.5% |
Housing Supply in La Salle, MI
How many homes are available in La Salle, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The La Salle real estate market had 17 homes for sale in October 2024, a 21.4% 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 | 9 | 12 | +33.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The La Salle 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 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Salle, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in La Salle in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for La Salle, MI
How long does it take to sell a home in La Salle, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 4 Days | -85.5% |
Summary: Homes in La Salle had an average of 4 days on market in Oct 2024, down by 85.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Salle are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in La Salle; 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.
