$4,155 Closing Credit*
$349,900
612 SqFt
1 Bed
•1 Full Bath
#50161536, TERRY HUFFMAN, Listing Office: RE/MAX 1ST REALTY
Is Maple Ridge 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, Maple Ridge Township has remained a Seller's Market.
Key Takeaway
Maple Ridge Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maple Ridge Township, MI
How much do homes in Maple Ridge Township, MI cost?
Median Sold Price
$325,000
$165/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$245,000(+306.3%)
Key Takeaway
Homes in Maple Ridge Township have sold for 306.3% more than they did a month ago.
Summary: The median home sold price in Maple Ridge Township was $325,000 in October 2024, up 306.3% from last month, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | $390K | +387.5% |
| 3 Bedrooms | - | $103K | N/A |
| 4 Bedrooms | - | $325K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Maple Ridge 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 increased by 387.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Maple Ridge Township, MI
How many homes are available in Maple Ridge Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The Maple Ridge Township real estate market had 6 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Maple Ridge 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 increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 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 Maple Ridge Township, 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 Maple Ridge Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Maple Ridge Township, MI
How long does it take to sell a home in Maple Ridge Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 110 Days | 47 Days | -57.0% |
Summary: Homes in Maple Ridge Township had an average of 47 days on market in Oct 2024, down by 57% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Maple Ridge Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Maple Ridge Township; 33% of homes were sold within 30 days, 67% 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.