$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 Township, 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 Township has remained a Seller's Market.
Key Takeaway
L'Anse Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in L'Anse Township, MI
How much do homes in L'Anse Township, MI cost?
Median Sold Price
$190,500
$164/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$133,000(+231.3%)
Key Takeaway
Homes in L'Anse Township have sold for 231.3% more than they did a month ago.
Summary: The median home sold price in L'Anse Township was $190,500 in November 2024, up 231.3% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $49.2K | $121K | +145.7% |
| 3 Bedrooms | $123K | $260K | +111.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: L'Anse 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 increased by 145.7%, 3 bedroom homes increased by 111.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| L'Anse | $57.5K | $260K | +352.2% |
| L'Anse Township | $57.5K | $190.5K | +231.3% |
| Baraga | $150K | $68K | -54.7% |
| Baraga Township | $150K | $68K | -54.7% |
Housing Supply in L'Anse Township, MI
How many homes are available in L'Anse Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The L'Anse Township real estate market had 10 homes for sale in November 2024, a 9.1% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The L'Anse 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in L'Anse Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in L'Anse Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for L'Anse Township, MI
How long does it take to sell a home in L'Anse Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 48 Days | +293.2% |
Summary: Homes in L'Anse Township had an average of 48 days on market in Nov 2024, up by 293.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in L'Anse Township has remained consistent over time.
Summary: During November 2024, 4 homes were sold in L'Anse Township; 25% of homes were sold within 30 days, 75% 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.