Is La Salle Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Salle Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, La Salle Township was a Seller's Market.

Key Takeaway

La Salle Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in La Salle Township, MI

How much do homes in La Salle Township, MI cost?

Median Sold Price

$263,500

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,500(+21.4%)

Key Takeaway

Homes in La Salle Township have sold for 21.4% more than they did a year ago.

Summary: The median home sold price in La Salle Township was $263,500 in November 2024, up 21.4% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $112K$110K
-1.8%
2 $162.6K$200K
+23.0%
3 $205K$249.9K
+22.0%
4 $300K$419.9K
+40.0%
5+ $300K$542.7K
+80.9%

Summary: La Salle Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 80.9%.

Median Sold Price Compared To Nearby Cities

La Salle Township
+21.4%
La Salle
+16.9%
Luna Pier
+7.7%
Monroe Charter Township
+2.5%
Erie
+1.3%

Housing Supply in La Salle Township, MI

How many homes are available in La Salle Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2114-33.3%

Summary: The La Salle Township real estate market had 14 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 139
-30.8%
4 21
-50.0%
5+ 22
0.0%

Summary: The La Salle Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Salle Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in La Salle Township in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for La Salle Township, MI

How long does it take to sell a home in La Salle Township, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days103 Days+1311.4%

Summary: Homes in La Salle Township had an average of 103 days on market in Nov 2024, up by 1311.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in La Salle Township has remained consistent over time.

Summary: During November 2024, 2 homes were sold in La Salle Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in La Salle Township, MI

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What housing markets are near La Salle Township, MI?