$15,000
0.25 Acres
Land
Mitzi L Krause, Listing Office: Century 21 Affiliated
Is LaGrange Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, LaGrange Township was a Neutral Market.
Key Takeaway
LaGrange Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in LaGrange Township, MI
How much do homes in LaGrange Township, MI cost?
Median Sold Price
$220,500
$130/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$26,500(+13.7%)
Key Takeaway
Homes in LaGrange Township have sold for 13.7% more than they did a month ago.
Summary: The median home sold price in LaGrange Township was $220,500 in November 2024, up 13.7% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $140K | N/A |
| 3 Bedrooms | $194K | $301K | +55.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: LaGrange Township 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 did not change, 3 bedroom homes increased by 55.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in LaGrange Township, MI
How many homes are available in LaGrange Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The LaGrange Township real estate market had 14 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The LaGrange Township 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in LaGrange Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in LaGrange Township in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for LaGrange Township, MI
How long does it take to sell a home in LaGrange Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 41 Days | +258.7% |
Summary: Homes in LaGrange Township had an average of 41 days on market in Nov 2024, up by 258.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in LaGrange Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in LaGrange Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
