$594 Closing Credit*
$50,000
1,440 SqFt
2 Beds
•1 Full Bath
Stacy Byers Sheridan, Listing Office: Sheridan Realty and Auction Co.
Is Mason 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, Mason Township has remained a Seller's Market.
Key Takeaway
Mason Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mason Township, MI
How much do homes in Mason Township, MI cost?
Median Sold Price
$258,950
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,950(+5.7%)
Key Takeaway
Homes in Mason Township have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Mason Township was $258,950 in November 2024, up 5.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $52.5K | -80.9% |
| 2 Bedrooms | $167.5K | $172K | +2.7% |
| 3 Bedrooms | $248.5K | $259.9K | +4.6% |
| 4 Bedrooms | $273.2K | $306K | +12.0% |
| 5+ Bedrooms | $361.2K | $382.9K | +6.0% |
Summary: Mason Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 80.9%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Twining | $150.4K | $196.5K | +30.6% |
| Richland Township | $315K | $340.3K | +8.1% |
| Mason Township | $245K | $258.9K | +5.7% |
Housing Supply in Mason Township, MI
How many homes are available in Mason Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 58 | -4.9% |
Summary: The Mason Township real estate market had 58 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 9 | -25.0% |
| 3 Bedrooms | 36 | 35 | -2.8% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mason Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mason Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Mason Township in November 2024, down by 15.8% month-over-month. Of the 16 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% were sold over asking.
Days on Market for Mason Township, MI
How long does it take to sell a home in Mason Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 44 Days | +104.0% |
Summary: Homes in Mason Township had an average of 44 days on market in Nov 2024, up by 104% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mason Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Mason Township; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% 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.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.