$3,266 Closing Credit*
$275,000
1,512 SqFt
3 Beds
•2 Full Baths
Joseph Lamerson, Listing Office: Opul Realty
Is North Street, 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, North Street was a Neutral Market.
Key Takeaway
North Street is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Street, MI
How much do homes in North Street, MI cost?
Median Sold Price
$282,500
$180/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$38,500(-12.0%)
Key Takeaway
Homes in North Street have sold for 12% less than they did a month ago.
Summary: The median home sold price in North Street was $282,500 in October 2024, down 12% from last month, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62.5K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $250K | $205.9K | -17.6% |
| 4 Bedrooms | $408.5K | $450K | +10.2% |
| 5+ Bedrooms | - | $245K | N/A |
Summary: North Street 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 decreased by 17.6%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Street | $321K | $282.5K | -12.0% |
| Clyde Township | $321K | $282.5K | -12.0% |
Housing Supply in North Street, MI
How many homes are available in North Street, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The North Street real estate market had 29 homes for sale in October 2024, a 20.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The North Street housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Street, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in North Street in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for North Street, MI
How long does it take to sell a home in North Street, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 42 Days | +27.7% |
Summary: Homes in North Street had an average of 42 days on market in Oct 2024, up by 27.7% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Street are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in North Street; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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.