$139,900
19.10 Acres
Land
Nicole Lynn Nagy, Listing Office: RE/MAX TOGETHER
Is Martiny Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Martiny Township was a Seller's Market.
Key Takeaway
Martiny Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Martiny Township, MI
How much do homes in Martiny Township, MI cost?
Median Sold Price
$205,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$19,250(-8.6%)
Key Takeaway
Homes in Martiny Township have sold for 8.6% less than they did a year ago.
Summary: The median home sold price in Martiny Township was $205,000 in October 2024, down 8.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98K | - | N/A |
| 2 Bedrooms | $233.5K | $181.7K | -22.2% |
| 3 Bedrooms | $215K | $205K | -4.7% |
| 4 Bedrooms | $622K | $630K | +1.3% |
| 5+ Bedrooms | $550K | $439.9K | -20.0% |
Summary: Martiny 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 22.2%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Cities
| Rodney | $149.2K | $392K | +162.7% |
| Morton Township | $292.2K | $301.2K | +3.1% |
| Martiny Township | $224.2K | $205K | -8.6% |
| Sheridan Township | $177K | $161.4K | -8.8% |
Housing Supply in Martiny Township, MI
How many homes are available in Martiny Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Summary: The Martiny Township real estate market had 13 homes for sale in October 2024, a 13.3% decrease 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 | 7 | 4 | -42.9% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Martiny 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 42.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Martiny Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Martiny Township in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Martiny Township, MI
How long does it take to sell a home in Martiny Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 106 Days | 77 Days | -27.7% |
Summary: Homes in Martiny Township had an average of 77 days on market in Oct 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Martiny Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Martiny Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.