$505 Closing Credit*
$42,500
720 SqFt
2 Beds
•1 Full Bath
Shawn E Huston, Listing Office: Huston Real Estate, Inc.
Is Lewiston, 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, Lewiston was a Seller's Market.
Key Takeaway
Lewiston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lewiston, MI
How much do homes in Lewiston, MI cost?
Median Sold Price
$180,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+9.1%)
Key Takeaway
Homes in Lewiston have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Lewiston was $180,000 in November 2024, up 9.1% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.2K | $142.5K | +61.5% |
| 2 Bedrooms | $134K | $147K | +9.7% |
| 3 Bedrooms | $202.4K | $200K | -1.2% |
| 4 Bedrooms | $300K | $318K | +6.0% |
| 5+ Bedrooms | $454.5K | $660K | +45.2% |
Summary: Lewiston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.5%, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 45.2%.
Median Sold Price Compared To Nearby Cities
| Lewiston | $165K | $180K | +9.1% |
| Albert Township | $209K | $227.5K | +8.9% |
| Greenwood Township | $162K | $168.9K | +4.3% |
Housing Supply in Lewiston, MI
How many homes are available in Lewiston, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 50 | -23.1% |
Summary: The Lewiston real estate market had 50 homes for sale in November 2024, a 23.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 21 | 16 | -23.8% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 17 | 11 | -35.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lewiston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 7 | -63.2% |
Asking Price vs. Sold Price
6 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 Lewiston, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Lewiston in November 2024, down by 63.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Lewiston, MI
How long does it take to sell a home in Lewiston, MI?
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 Lewiston are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Lewiston; 14% 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.
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