$416 Closing Credit*
$35,000
1,030 SqFt
2 Beds
•1 Full Bath
JEFFREY HUTCHISON, 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
Last month, National City was a Seller's Market.
Key Takeaway
National City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in National City, MI
How much do homes in National City, MI cost?
Median Sold Price
$132,000
$183/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$68,000(-34.0%)
Key Takeaway
Homes in National City have sold for 34% less than they did a month ago.
Summary: The median home sold price in National City was $132,000 in November 2024, down 34% from last month, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $296K | $132K | -55.4% |
| 3 Bedrooms | $159.9K | - | N/A |
| 4 Bedrooms | $645K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: National City 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 decreased by 55.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Tawas Township | $277.5K | $307.4K | +10.8% |
| National City | $200K | $132K | -34.0% |
Housing Supply in National City, MI
How many homes are available in National City, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The National City real estate market had 11 homes for sale in November 2024, a 21.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The National City 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in National City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in National City in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 Days | 69 Days | -17.5% |
Summary: Homes in National City had an average of 69 days on market in Nov 2024, down by 17.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in National City has remained consistent over time.
Summary: During November 2024, 1 homes were sold in National City; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
