$3,076 Closing Credit*
$259,000
1,380 SqFt
3 Beds
•1 Full Bath, 1 Partial
Shelly Gutierrez, Listing Office: Cornerstone Real Estate
Is Manitou Beach, 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, Manitou Beach has remained a Buyer's Market.
Key Takeaway
Manitou Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Manitou Beach, MI
How much do homes in Manitou Beach, MI cost?
Median Sold Price
$328,500
$376/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$163,500(+99.1%)
Key Takeaway
Homes in Manitou Beach have sold for 99.1% more than they did a month ago.
Summary: The median home sold price in Manitou Beach was $328,500 in November 2024, up 99.1% from last month, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $529.5K | $328.5K | -38.0% |
| 3 Bedrooms | $162.5K | $155K | -4.6% |
| 4 Bedrooms | - | $830K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Manitou Beach 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 decreased by 38%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Manitou Beach | $165K | $328.5K | +99.1% |
| Rollin Township | $223.2K | $314.2K | +40.8% |
| Woodstock Township | $214.5K | $284K | +32.4% |
Housing Supply in Manitou Beach, MI
How many homes are available in Manitou Beach, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Manitou Beach real estate market had 22 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Manitou Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manitou Beach, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Manitou Beach in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Manitou Beach, MI
How long does it take to sell a home in Manitou Beach, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 28 Days | -59.0% |
Summary: Homes in Manitou Beach had an average of 28 days on market in Nov 2024, down by 59% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manitou Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Manitou Beach; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
