$2,909 Closing Credit*
$245,000
2,178 SqFt
3 Beds
•1 Full Bath, 1 Partial
Schakerra Edwards, Listing Office: Front Page Properties
Is Minock Park, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Minock Park has remained a Seller's Market.
Key Takeaway
Minock Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Minock Park, MI
How much do homes in Minock Park, MI cost?
Median Sold Price
$105,000
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$15,050(+16.7%)
Key Takeaway
Homes in Minock Park have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Minock Park was $105,000 in December 2024, up 16.7% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $35K | $105K | +200.0% |
| 3 Bedrooms | $90K | $105K | +16.7% |
| 4 Bedrooms | $156K | $192K | +23.1% |
| 5+ Bedrooms | - | $132K | N/A |
Summary: Minock Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Minock Park | $89.9K | $105K | +16.7% |
| Rosedale Park | $199K | $219.5K | +10.3% |
| Rosedale | $165K | $170.7K | +3.5% |
| North Rosedale Park | $188.5K | $189K | 0.3% |
| Brightmoor | $62.5K | $55K | -12.0% |
Housing Supply in Minock Park, MI
How many homes are available in Minock Park, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The Minock Park real estate market had 17 homes for sale in December 2024, a 15.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Minock Park housing inventory by bedroom type for December 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 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minock Park, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Minock Park in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 61 Days | 13 Days | -78.0% |
Summary: Homes in Minock Park had an average of 13 days on market in Dec 2024, down by 78% compared to last year.
Breakdown of Home Sale Times
3 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 December 2024, 4 homes were sold in Minock Park; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
