$2,968 Closing Credit*
$249,900
1,056 SqFt
3 Beds
•1 Full Bath, 1 Partial
Billy Andrew, Listing Office: COLDWELL BANKER SCHMIDT INDIAN RIVER
Is Mullett 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, Mullett Township has remained a Seller's Market.
Key Takeaway
Mullett Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mullett Township, MI
How much do homes in Mullett Township, MI cost?
Median Sold Price
$317,500
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$79,500(-20.0%)
Key Takeaway
Homes in Mullett Township have sold for 20% less than they did a year ago.
Summary: The median home sold price in Mullett Township was $317,500 in October 2024, down 20% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $258K | $130K | -49.6% |
| 2 Bedrooms | $412.5K | $94.9K | -77.0% |
| 3 Bedrooms | $397K | $762.5K | +92.1% |
| 4 Bedrooms | $780K | $1.7M | +122.7% |
| 5+ Bedrooms | - | $619.5K | N/A |
Summary: Mullett Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.6%, 2 bedroom homes decreased by 77%, 3 bedroom homes increased by 92.1%, 4 bedroom homes increased by 122.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Indian River | $338K | $362.5K | +7.2% |
| Burt Township | $220.7K | $210K | -4.8% |
| Mullett Township | $397K | $317.5K | -20.0% |
Housing Supply in Mullett Township, MI
How many homes are available in Mullett Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Mullett Township real estate market had 13 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 | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mullett 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mullett Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Mullett Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Mullett Township, MI
We’re sorry, we don't have information for this market at the moment
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