$3,859 Closing Credit*
$325,000
1,468 SqFt
3 Beds
•2 Full Baths
Christi Ritter, Listing Office: Greenridge Realty (Greenvl)
Is Montcalm Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Montcalm Township has remained a Seller's Market.
Key Takeaway
Montcalm Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montcalm Township, MI
How much do homes in Montcalm Township, MI cost?
Median Sold Price
$235,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,500(+3.3%)
Key Takeaway
Homes in Montcalm Township have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Montcalm Township was $235,000 in October 2024, up 3.3% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202.2K | $185K | -8.5% |
| 3 Bedrooms | $231K | $220K | -4.8% |
| 4 Bedrooms | $237.5K | $322.5K | +35.8% |
| 5+ Bedrooms | $570K | $389.2K | -31.7% |
Summary: Montcalm Township 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 decreased by 8.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 35.8%, and 5+ bedroom homes decreased by 31.7%.
Median Sold Price Compared To Nearby Cities
| Gowen | $217.2K | $302K | +39.0% |
| Eureka Township | $275.9K | $300K | +8.7% |
| Sidney Township | $232K | $240K | +3.4% |
| Montcalm Township | $227.5K | $235K | +3.3% |
Housing Supply in Montcalm Township, MI
How many homes are available in Montcalm Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Montcalm Township real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Montcalm Township 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montcalm Township, 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 Montcalm Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Montcalm Township, MI
How long does it take to sell a home in Montcalm Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 98 Days | +366.7% |
Summary: Homes in Montcalm Township had an average of 98 days on market in Oct 2024, up by 366.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Montcalm Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Montcalm Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
