$39,900
5.71 Acres
Land
Angela Zolinski, Listing Office: Keller William Preferred
Is Larkin Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Larkin Charter Township was a Buyer's Market.
Key Takeaway
Larkin Charter 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 Larkin Charter Township, MI
How much do homes in Larkin Charter Township, MI cost?
Median Sold Price
$415,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$70,750(-14.6%)
Key Takeaway
Homes in Larkin Charter Township have sold for 14.6% less than they did a year ago.
Summary: The median home sold price in Larkin Charter Township was $415,000 in November 2024, down 14.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $190K | N/A |
| 3 Bedrooms | $449.2K | $350K | -22.1% |
| 4 Bedrooms | $563.5K | $415K | -26.4% |
| 5+ Bedrooms | $345K | $687.5K | +99.3% |
Summary: Larkin Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.1%, 4 bedroom homes decreased by 26.4%, and 5+ bedroom homes increased by 99.3%.
Median Sold Price Compared To Nearby Cities
| Midland | $215.5K | $240K | +11.4% |
| Larkin Charter Township | $485.7K | $415K | -14.6% |
Housing Supply in Larkin Charter Township, MI
How many homes are available in Larkin Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Summary: The Larkin Charter Township real estate market had 6 homes for sale in November 2024, a 40.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Larkin Charter 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 decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Larkin Charter Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Larkin Charter Township in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Larkin Charter Township, MI
How long does it take to sell a home in Larkin Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 4 Days | -90.5% |
Summary: Homes in Larkin Charter Township had an average of 4 days on market in Nov 2024, down by 90.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Larkin Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Larkin Charter 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.
