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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maybee is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Maybee was a Buyer's Market.

Key Takeaway

Maybee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Maybee, MI

How much do homes in Maybee, MI cost?

Median Sold Price

$245,000

$160/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$230,000(-48.4%)

Key Takeaway

Homes in Maybee have sold for 48.4% less than they did a month ago.

Summary: The median home sold price in Maybee was $245,000 in November 2024, down 48.4% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$265K
N/A
4 -$225K
N/A
5+ $475K-
N/A

Summary: Maybee 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Exeter Township
+6.2%
Maybee
-48.4%

Housing Supply in Maybee, MI

How many homes are available in Maybee, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Maybee real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 88
0.0%
5+ 10
-100.0%

Summary: The Maybee 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 2024Nov 2024CHANGE
18+700.0%

Asking Price vs. Sold Price

7 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 Maybee, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Maybee in November 2024, up by 700.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Maybee, MI

How long does it take to sell a home in Maybee, MI?

Average Sale Time

Oct 2024Nov 2024CHANGE
14 Days58 Days+317.9%

Summary: Homes in Maybee had an average of 58 days on market in Nov 2024, up by 317.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Maybee has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Maybee; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Maybee, MI

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