$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
$57,500
$51/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$107,500(-65.2%)
Key Takeaway
Homes in L'Anse Township have sold for 65.2% less than they did a month ago.
Summary: The median home sold price in L'Anse Township was $57,500 in October 2024, down 65.2% 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 | $230K | $123K | -46.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: L'Anse Township 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 46.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Baraga | $235K | $150K | -36.2% |
| Baraga Township | $235K | $150K | -36.2% |
| L'Anse | $109.1K | $57.5K | -47.3% |
| L'Anse Township | $165K | $57.5K | -65.2% |
Housing Supply in L'Anse Township, MI
How many homes are available in L'Anse Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The L'Anse Township real estate market had 12 homes for sale in October 2024, a 14.3% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The L'Anse Township 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 50%, 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 |
|---|---|---|
| 3 | 3 | 0.0% |
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 Township, 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 Township in October 2024, the same as the previous 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 Township, MI
How long does it take to sell a home in L'Anse Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 12 Days | -77.0% |
Summary: Homes in L'Anse Township had an average of 12 days on market in Oct 2024, down by 77% 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 Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in L'Anse Township; 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.