Is Mattawan, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mattawan is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Mattawan was a Seller's Market.

Key Takeaway

Mattawan is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mattawan, MI

How much do homes in Mattawan, MI cost?

Median Sold Price

$347,500

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$22,600(+7.0%)

Key Takeaway

Homes in Mattawan have sold for 7% more than they did a year ago.

Summary: The median home sold price in Mattawan was $347,500 in December 2024, up 7% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $225K$275K
+22.2%
3 $275.2K$301.3K
+9.5%
4 $325K$349.9K
+7.7%
5+ $622.5K$622.5K
0.0%

Summary: Mattawan housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mattawan
+7.0%
Antwerp Township
+5.3%
Texas Charter Township
+2.3%

Housing Supply in Mattawan, MI

How many homes are available in Mattawan, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3524-31.4%

Summary: The Mattawan real estate market had 24 homes for sale in December 2024, a 31.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 118
-27.3%
4 1813
-27.8%
5+ 32
-33.3%

Summary: The Mattawan housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
144-71.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mattawan, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Mattawan in December 2024, down by 71.4% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
80 Days22 Days-72.2%

Summary: Homes in Mattawan had an average of 22 days on market in Dec 2024, down by 72.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mattawan are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in Mattawan; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Mattawan, MI

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