$2,126 Closing Credit*
$179,000
1,616 SqFt
4 Beds
•2 Full Baths
#50160744, ADAM KARKI, Listing Office: RE/MAX 1ST REALTY
Is L'Anse, 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, L'Anse has remained a Seller's Market.
Key Takeaway
L'Anse is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in L'Anse, MI
How much do homes in L'Anse, MI cost?
Median Sold Price
$57,500
$51/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$51,625(-47.3%)
Key Takeaway
Homes in L'Anse have sold for 47.3% less than they did a month ago.
Summary: The median home sold price in L'Anse was $57,500 in October 2024, down 47.3% from last month, and the median price per square foot was $51.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $53.2K | $49.2K | -7.5% |
| 3 Bedrooms | $165K | $123K | -25.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: L'Anse housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 25.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| L'Anse | $109.1K | $57.5K | -47.3% |
| L'Anse Township | $165K | $57.5K | -65.2% |
Housing Supply in L'Anse, MI
How many homes are available in L'Anse, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The L'Anse real estate market had 9 homes for sale in October 2024, a 10.0% decrease 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The L'Anse 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
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 L'Anse, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in L'Anse in October 2024, up by 50.0% 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 L'Anse, MI
How long does it take to sell a home in L'Anse, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 12 Days | +12.1% |
Summary: Homes in L'Anse had an average of 12 days on market in Oct 2024, up by 12.1% compared to last month.
Breakdown of Home Sale Times
3 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 L'Anse are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in L'Anse; 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.