$246,600
31.22 Acres
Land
#50163202, James Golembiewski, Listing Office: KW Platinum
Is Mussey Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Mussey Township was a Seller's Market.
Key Takeaway
Mussey Township 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 Mussey Township, MI
How much do homes in Mussey Township, MI cost?
Median Sold Price
$143,750
$120/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$29,050(-16.8%)
Key Takeaway
Homes in Mussey Township have sold for 16.8% less than they did a month ago.
Summary: The median home sold price in Mussey Township was $143,750 in November 2024, down 16.8% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $92.5K | N/A |
| 2 Bedrooms | $195K | - | N/A |
| 3 Bedrooms | $153.4K | $195K | +27.1% |
| 4 Bedrooms | $157.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Mussey Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 27.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Capac | $176.4K | $195K | +10.5% |
| Mussey Township | $172.8K | $143.7K | -16.8% |
Housing Supply in Mussey Township, MI
How many homes are available in Mussey Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Mussey Township real estate market had 13 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mussey 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 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 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 Mussey Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Mussey Township in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mussey Township, MI
How long does it take to sell a home in Mussey Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 22 Days | +19.7% |
Summary: Homes in Mussey Township had an average of 22 days on market in Nov 2024, up by 19.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mussey Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Mussey Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.