$2,945 Closing Credit*
$248,000
1,440 SqFt
3 Beds
•1 Full Bath, 1 Partial
Geoff Brown, Listing Office: Berkshire Hathaway HomeServices MI
Is Mattawan, 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, Mattawan has remained a Seller's Market.
Key Takeaway
Mattawan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mattawan, MI
How much do homes in Mattawan, MI cost?
Median Sold Price
$348,250
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,350(+8.9%)
Key Takeaway
Homes in Mattawan have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Mattawan was $348,250 in November 2024, up 8.9% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $250K | +11.1% |
| 3 Bedrooms | $275.1K | $303.7K | +10.4% |
| 4 Bedrooms | $324.9K | $349.9K | +7.7% |
| 5+ Bedrooms | $626.2K | $620K | -1.0% |
Summary: Mattawan 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 increased by 11.1%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
| Mattawan | $319.9K | $348.2K | +8.9% |
| Antwerp Township | $284.9K | $300K | +5.3% |
| Texas Charter Township | $486.3K | $497K | +2.2% |
Housing Supply in Mattawan, MI
How many homes are available in Mattawan, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 39 | -20.4% |
Summary: The Mattawan real estate market had 39 homes for sale in November 2024, a 20.4% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 18 | 12 | -33.3% |
| 4 Bedrooms | 23 | 19 | -17.4% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Mattawan 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 decreased by 33.3%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mattawan, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Mattawan in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.
Days on Market for Mattawan, MI
How long does it take to sell a home in Mattawan, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 47 Days | +34.5% |
Summary: Homes in Mattawan had an average of 47 days on market in Nov 2024, up by 34.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mattawan are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Mattawan; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
