$4,691 Closing Credit*
$395,000
2,194 SqFt
3 Beds
•2 Full Baths, 1 Partial
#50160417, CHRISTINA KING-CARON, Listing Office: UPWARDS REAL ESTATE
Is Masonville 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, Masonville Township has remained a Seller's Market.
Key Takeaway
Masonville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Masonville Township, MI
How much do homes in Masonville Township, MI cost?
Median Sold Price
$308,500
$179/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$48,500(+18.7%)
Key Takeaway
Homes in Masonville Township have sold for 18.7% more than they did a month ago.
Summary: The median home sold price in Masonville Township was $308,500 in November 2024, up 18.7% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $200K | N/A |
| 3 Bedrooms | $199.5K | $311.2K | +56.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $370K | - | N/A |
Summary: Masonville Township 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 did not change, 3 bedroom homes increased by 56%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ensign Township | $183K | $426K | +132.8% |
| Rapid River | $260K | $311.2K | +19.7% |
| Masonville Township | $260K | $308.5K | +18.7% |
Housing Supply in Masonville Township, MI
How many homes are available in Masonville Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Masonville Township real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Masonville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
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 Masonville 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 Masonville Township 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 Masonville Township, MI
How long does it take to sell a home in Masonville Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 21 Days | -72.8% |
Summary: Homes in Masonville Township had an average of 21 days on market in Nov 2024, down by 72.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Masonville Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Masonville Township; 100% of homes were sold within 30 days, 0% 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.