$3,324 Closing Credit*
$279,900
1,880 SqFt
3 Beds
•1 Full Bath, 1 Partial
BONNIE ULMAN, Listing Office: TAWAS SUNSHINE REALTY
Is National City, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, National City has remained a Seller's Market.
Key Takeaway
National City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in National City, MI
How much do homes in National City, MI cost?
Median Sold Price
$200,000
$166/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$50,000(+33.3%)
Key Takeaway
Homes in National City have sold for 33.3% more than they did a month ago.
Summary: The median home sold price in National City was $200,000 in October 2024, up 33.3% from last month, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $296K | N/A |
| 3 Bedrooms | $150K | $159.9K | +6.6% |
| 4 Bedrooms | - | $645K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: National City housing prices by bedroom type for October 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 6.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Alabaster Township | $230K | $430K | +87.0% |
| Tawas Township | $150K | $277.5K | +85.0% |
| National City | $150K | $200K | +33.3% |
Housing Supply in National City, MI
How many homes are available in National City, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The National City real estate market had 16 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The National City 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 increased by 40%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in National City, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in National City in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for National City, MI
How long does it take to sell a home in National City, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 83 Days | +37.0% |
Summary: Homes in National City had an average of 83 days on market in Oct 2024, up by 37% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in National City are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in National City; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
