$27,913
4.43 Acres
Land
Timothy Lyzenga, Listing Office: Wildlife Realty
Is Mesick, 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, Mesick has remained a Seller's Market.
Key Takeaway
Mesick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mesick, MI
How much do homes in Mesick, MI cost?
Median Sold Price
$187,950
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$12,050(-6.0%)
Key Takeaway
Homes in Mesick have sold for 6% less than they did a year ago.
Summary: The median home sold price in Mesick was $187,950 in November 2024, down 6% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $169.9K | +17.2% |
| 2 Bedrooms | $150K | $139.9K | -6.7% |
| 3 Bedrooms | $221K | $205.5K | -7.0% |
| 4 Bedrooms | $293.4K | $209.9K | -28.5% |
| 5+ Bedrooms | $188K | $289.9K | +54.2% |
Summary: Mesick housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.2%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 28.5%, and 5+ bedroom homes increased by 54.2%.
Median Sold Price Compared To Nearby Cities
| Springville Township | $184.7K | $179K | -3.1% |
| Mesick | $200K | $187.9K | -6.0% |
Housing Supply in Mesick, MI
How many homes are available in Mesick, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Mesick real estate market had 16 homes for sale in November 2024, a 33.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mesick housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 33.3%, 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
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mesick, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Mesick in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Mesick, MI
How long does it take to sell a home in Mesick, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 81 Days | +60.6% |
Summary: Homes in Mesick had an average of 81 days on market in Nov 2024, up by 60.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mesick has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Mesick; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
