$4,156 Closing Credit*
$350,000
1,842 SqFt
3 Beds
•2 Full Baths
Logan Burns, Listing Office: C-21 Affiliated - Jackson
Is Napoleon Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Napoleon Township was a Seller's Market.
Key Takeaway
Napoleon Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Napoleon Township, MI
How much do homes in Napoleon Township, MI cost?
Median Sold Price
$292,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,050(+12.3%)
Key Takeaway
Homes in Napoleon Township have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Napoleon Township was $292,000 in October 2024, up 12.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $79K | $327.5K | +314.6% |
| 2 Bedrooms | $175K | $245K | +40.0% |
| 3 Bedrooms | $254.6K | $275K | +8.0% |
| 4 Bedrooms | $310K | $402K | +29.7% |
| 5+ Bedrooms | $375K | $307K | -18.1% |
Summary: Napoleon Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 314.6%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes decreased by 18.1%.
Median Sold Price Compared To Nearby Cities
| Napoleon Township | $259.9K | $292K | +12.3% |
| Michigan Center | $188.5K | $200K | +6.1% |
| Grass Lake Charter Township | $340K | $339.9K | 0% |
Housing Supply in Napoleon Township, MI
How many homes are available in Napoleon Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 32 | +23.1% |
Summary: The Napoleon Township real estate market had 32 homes for sale in October 2024, a 23.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 13 | 20 | +53.8% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Napoleon Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 75%, 3 bedroom homes increased by 53.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Napoleon 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 Napoleon Township in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Napoleon Township, MI
How long does it take to sell a home in Napoleon Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 57 Days | -0.4% |
Summary: Homes in Napoleon Township had an average of 57 days on market in Oct 2024, down by 0.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Napoleon Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Napoleon Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.