$2,369 Closing Credit*
$199,500
1,248 SqFt
3 Beds
•2 Full Baths
Lucia Brzezinski, Listing Office: Coldwell Banker Fairbairn Realty
Is McKinley 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, McKinley Township has remained a Seller's Market.
Key Takeaway
McKinley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McKinley Township, MI
How much do homes in McKinley Township, MI cost?
Median Sold Price
$139,450
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,450(+16.2%)
Key Takeaway
Homes in McKinley Township have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in McKinley Township was $139,450 in November 2024, up 16.2% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $134.5K | N/A |
| 3 Bedrooms | $122K | $180K | +47.5% |
| 4 Bedrooms | $84K | $110K | +31.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: McKinley 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 did not change, 3 bedroom homes increased by 47.5%, 4 bedroom homes increased by 31%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| McKinley Township | $120K | $139.4K | +16.2% |
| Levering | $276K | $290K | +5.1% |
Housing Supply in McKinley Township, MI
How many homes are available in McKinley Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The McKinley Township real estate market had 8 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The McKinley 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 increased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in McKinley Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in McKinley Township in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for McKinley Township, MI
We’re sorry, we don't have information for this market at the moment
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