Is Leslie Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leslie Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Leslie Township was a Seller's Market.

Key Takeaway

Leslie Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Leslie Township, MI

How much do homes in Leslie Township, MI cost?

Median Sold Price

$246,500

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,500(+25.8%)

Key Takeaway

Homes in Leslie Township have sold for 25.8% more than they did a year ago.

Summary: The median home sold price in Leslie Township was $246,500 in October 2024, up 25.8% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$271K
N/A
2 $137.5K$130K
-5.5%
3 $182K$226K
+24.2%
4 $240K$335.4K
+39.8%
5+ $158.4K$452.5K
+185.7%

Summary: Leslie Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 39.8%, and 5+ bedroom homes increased by 185.7%.

Median Sold Price Compared To Nearby Cities

Leslie Township
+25.8%
Leslie
+25.8%
Rives Junction
+15.0%
Pleasant Lake
-0.7%

Housing Supply in Leslie Township, MI

How many homes are available in Leslie Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2624-7.7%

Summary: The Leslie Township real estate market had 24 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1612
-25.0%
4 67
+16.7%
5+ 33
0.0%

Summary: The Leslie 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leslie Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Leslie Township in October 2024, down by 77.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Leslie Township, MI

How long does it take to sell a home in Leslie Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days5 Days-79.9%

Summary: Homes in Leslie Township had an average of 5 days on market in Oct 2024, down by 79.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Leslie Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Leslie 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Leslie Township, MI

Nearby Markets to Leslie Township, MI

What housing markets are near Leslie Township, MI?