$419,900
40.00 Acres
Land
Randy E Sharp, Listing Office: RE/MAX Elite Group
Is Matteson Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Matteson Township was a Neutral 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
$180,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$79,950(-30.8%)
Key Takeaway
Homes in Matteson Township have sold for 30.8% less than they did a year ago.
Summary: The median home sold price in Matteson Township was $180,000 in October 2024, down 30.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $187K | - | N/A |
| 2 Bedrooms | $205K | $157K | -23.4% |
| 3 Bedrooms | $212K | $190K | -10.4% |
| 4 Bedrooms | $399.3K | $160K | -59.9% |
| 5+ Bedrooms | $500K | - | N/A |
Summary: Matteson Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.4%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 59.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Batavia Township | $165K | $262K | +58.8% |
| Bronson Township | $188K | $183.2K | -2.5% |
| Sherwood Township | $184.9K | $180K | -2.7% |
| Matteson Township | $259.9K | $180K | -30.8% |
Housing Supply in Matteson Township, MI
How many homes are available in Matteson Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Matteson Township real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Matteson Township housing inventory by bedroom type for October 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
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 October 2024, up by 100.0% month-over-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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 83 Days | 68 Days | -18.1% |
Summary: Homes in Matteson Township had an average of 68 days on market in Oct 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Matteson Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Matteson Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
