$3,563 Closing Credit*
$300,000
1,198 SqFt
3 Beds
•1 Full Bath
Darlene Reese, Listing Office: KW Professionals
Is Metamora 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, Metamora Township has remained a Seller's Market.
Key Takeaway
Metamora Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Metamora Township, MI
How much do homes in Metamora Township, MI cost?
Median Sold Price
$409,450
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$69,450(+20.4%)
Key Takeaway
Homes in Metamora Township have sold for 20.4% more than they did a year ago.
Summary: The median home sold price in Metamora Township was $409,450 in November 2024, up 20.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $198K | $275K | +38.9% |
| 3 Bedrooms | $325K | $370K | +13.8% |
| 4 Bedrooms | $399K | $485K | +21.6% |
| 5+ Bedrooms | $610K | $739.9K | +21.3% |
Summary: Metamora 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 38.9%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 21.3%.
Median Sold Price Compared To Nearby Cities
| Dryden Township | $329.9K | $418.2K | +26.8% |
| Metamora Township | $340K | $409.4K | +20.4% |
| Metamora | $340K | $409K | +20.3% |
| Lapeer Township | $240K | $260K | +8.3% |
| Hadley Township | $348K | $375K | +7.8% |
Housing Supply in Metamora Township, MI
How many homes are available in Metamora Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 42 | -6.7% |
Summary: The Metamora Township real estate market had 42 homes for sale in November 2024, a 6.7% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Metamora 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 decreased by 5%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Metamora Township, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Metamora Township in November 2024, up by 22.2% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% were sold over asking.
Days on Market for Metamora Township, MI
How long does it take to sell a home in Metamora Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 70 Days | +63.8% |
Summary: Homes in Metamora Township had an average of 70 days on market in Nov 2024, up by 63.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Metamora Township has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Metamora Township; 27% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.