$1,009 Closing Credit*
$85,000
708 SqFt
2 Beds
•1 Full Bath
Patrice Henderson, Listing Office: Max Broock Realtors
Is Minock Park, 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, Minock Park was a Seller's Market.
Key Takeaway
Minock Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Minock Park, MI
How much do homes in Minock Park, MI cost?
Median Sold Price
$102,000
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+6.8%)
Key Takeaway
Homes in Minock Park have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Minock Park was $102,000 in October 2024, up 6.8% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $37.2K | $73K | +96.0% |
| 3 Bedrooms | $96K | $102K | +6.3% |
| 4 Bedrooms | $180K | $192K | +6.7% |
| 5+ Bedrooms | - | $132K | N/A |
Summary: Minock Park 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 increased by 96%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Rosedale Park | $185K | $216K | +16.8% |
| Minock Park | $95.5K | $102K | +6.8% |
| Rosedale | $168.5K | $168K | -0.3% |
| North Rosedale Park | $203K | $191.4K | -5.7% |
| Brightmoor | $64K | $55.5K | -13.3% |
Housing Supply in Minock Park, MI
How many homes are available in Minock Park, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Minock Park real estate market had 18 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Minock Park 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 decreased by 66.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minock Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Minock Park in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Minock Park, MI
How long does it take to sell a home in Minock Park, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 23 Days | -66.4% |
Summary: Homes in Minock Park had an average of 23 days on market in Oct 2024, down by 66.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Minock Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Minock Park; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
