$3,443 Closing Credit*
$289,900
1,540 SqFt
3 Beds
•2 Full Baths
Chuck Ames, Listing Office: Century 21 White House Realty
Is Morton 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, Morton Township has remained a Seller's Market.
Key Takeaway
Morton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Morton Township, MI
How much do homes in Morton Township, MI cost?
Median Sold Price
$307,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,500(+5.3%)
Key Takeaway
Homes in Morton Township have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Morton Township was $307,000 in November 2024, up 5.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $55K | N/A |
| 2 Bedrooms | $173.2K | $205K | +18.3% |
| 3 Bedrooms | $299K | $275K | -8.0% |
| 4 Bedrooms | $350.6K | $440K | +25.5% |
| 5+ Bedrooms | $414.5K | $660K | +59.2% |
Summary: Morton 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 18.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 59.2%.
Median Sold Price Compared To Nearby Cities
| Austin Township | $225.9K | $265K | +17.3% |
| Mecosta | $168K | $181K | +7.7% |
| Morton Township | $291.5K | $307K | +5.3% |
| Martiny Township | $224.2K | $205K | -8.6% |
Housing Supply in Morton Township, MI
How many homes are available in Morton Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 53 | -11.7% |
Summary: The Morton Township real estate market had 53 homes for sale in November 2024, a 11.7% 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 29 | 28 | -3.4% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Morton 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 decreased by 25%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Morton Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Morton Township in November 2024, down by 43.8% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Morton Township, MI
How long does it take to sell a home in Morton Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 24 Days | -17.8% |
Summary: Homes in Morton Township had an average of 24 days on market in Nov 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
7 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 Morton Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Morton Township; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
