Is North East Citizens Action, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North East Citizens Action is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, North East Citizens Action has remained a Seller's Market.

Key Takeaway

North East Citizens Action is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North East Citizens Action, MI

How much do homes in North East Citizens Action, MI cost?

Median Sold Price

$323,500

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,500(+13.5%)

Key Takeaway

Homes in North East Citizens Action have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in North East Citizens Action was $323,500 in November 2024, up 13.5% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $295K$270K
-8.5%
3 $276.4K$326.5K
+18.1%
4 $348.5K$373.8K
+7.3%
5+ $440K$320K
-27.3%

Summary: North East Citizens Action housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 27.3%.

Median Sold Price Compared To Nearby Neighborhoods

North East Citizens Action
+13.5%
Creston
+7.7%
Michigan Oaks
0.0%

Housing Supply in North East Citizens Action, MI

How many homes are available in North East Citizens Action, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2720-25.9%

Summary: The North East Citizens Action real estate market had 20 homes for sale in November 2024, a 25.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1812
-33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The North East Citizens Action 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 14.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North East Citizens Action, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in North East Citizens Action in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for North East Citizens Action, MI

How long does it take to sell a home in North East Citizens Action, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days7 Days-47.8%

Summary: Homes in North East Citizens Action had an average of 7 days on market in Nov 2024, down by 47.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North East Citizens Action are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in North East Citizens Action; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in North East Citizens Action, MI

Nearby Markets to North East Citizens Action, MI