$199,000
0.13 Acres
Land
#50163217, CARRIE TORETTA-PARTELLO, Listing Office: COLDWELL BANKER REAL ESTATE GROUP
Is Marquette 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
Since last year, Marquette Charter Township has remained a Seller's Market.
Key Takeaway
Marquette Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marquette Charter Township, MI
How much do homes in Marquette Charter Township, MI cost?
Median Sold Price
$337,500
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,000(+11.9%)
Key Takeaway
Homes in Marquette Charter Township have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Marquette Charter Township was $337,500 in November 2024, up 11.9% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $128K | - | N/A |
| 2 Bedrooms | $322.7K | $262.5K | -18.7% |
| 3 Bedrooms | $282.5K | $313.5K | +11.0% |
| 4 Bedrooms | $339.9K | $403.5K | +18.7% |
| 5+ Bedrooms | $339K | $390K | +15.0% |
Summary: Marquette 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 decreased by 18.7%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 15%.
Housing Supply in Marquette Charter Township, MI
How many homes are available in Marquette Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 74 | -9.8% |
Summary: The Marquette Charter Township real estate market had 74 homes for sale in November 2024, a 9.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 14 | 10 | -28.6% |
Summary: The Marquette Charter Township 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 21.4%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marquette Charter Township, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Marquette Charter Township in November 2024, down by 17.4% month-over-month. Of the 19 sold homes, 47% were sold under asking, 5% were sold at asking, and 47% were sold over asking.
Days on Market for Marquette Charter Township, MI
How long does it take to sell a home in Marquette Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 33 Days | +135.4% |
Summary: Homes in Marquette Charter Township had an average of 33 days on market in Nov 2024, up by 135.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marquette Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Marquette Charter Township; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% 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.