$1,959 Closing Credit*
$165,000
980 SqFt
2 Beds
•1 Full Bath
Melissa Kennedy, Connie L Crusciel, Listing Office: Coldwell Banker Morehart Realty
Is Matteson 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, Matteson Township has remained a Seller's Market.
Key Takeaway
Matteson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Matteson Township, MI
How much do homes in Matteson Township, MI cost?
Median Sold Price
$160,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$99,950(-38.4%)
Key Takeaway
Homes in Matteson Township have sold for 38.4% less than they did a year ago.
Summary: The median home sold price in Matteson Township was $160,000 in November 2024, down 38.4% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $187K | - | N/A |
| 2 Bedrooms | $175K | $176K | +0.6% |
| 3 Bedrooms | $248.5K | $193K | -22.3% |
| 4 Bedrooms | $399.3K | $160K | -59.9% |
| 5+ Bedrooms | $500K | - | N/A |
Summary: Matteson Township 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 0.6%, 3 bedroom homes decreased by 22.3%, 4 bedroom homes decreased by 59.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bronson Township | $189K | $182K | -3.7% |
| Sherwood Township | $199.9K | $160K | -20.0% |
| Matteson Township | $259.9K | $160K | -38.4% |
Housing Supply in Matteson Township, MI
How many homes are available in Matteson Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Matteson Township real estate market had 3 homes for sale in November 2024, a 25.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Matteson 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 decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
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 Matteson 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 Matteson Township in November 2024, the same as the previous 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 Matteson Township, MI
How long does it take to sell a home in Matteson Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 119 Days | +146.2% |
Summary: Homes in Matteson Township had an average of 119 days on market in Nov 2024, up by 146.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Matteson Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Matteson Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
