$1,543 Closing Credit*
$129,900
1,500 SqFt
4 Beds
•1 Full Bath
Drew Denham, Listing Office: Keller Williams GR North
Is Northside, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Northside has remained a Seller's Market.
Key Takeaway
Northside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northside, MI
How much do homes in Northside, MI cost?
Median Sold Price
$85,125
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$275(+0.3%)
Key Takeaway
The sold price of homes in Northside has remained the same since last year.
Summary: The median home sold price in Northside was $85,125 in October 2024, up 0.3% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47K | $69.5K | +47.9% |
| 2 Bedrooms | $72.5K | $56.5K | -22.1% |
| 3 Bedrooms | $83K | $102.5K | +23.5% |
| 4 Bedrooms | $120K | $102.2K | -14.8% |
| 5+ Bedrooms | $81.6K | $174K | +113.1% |
Summary: Northside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.9%, 2 bedroom homes decreased by 22.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 113.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Burke Acres | $170K | $174K | +2.4% |
| Northside | $84.8K | $85.1K | 0.3% |
| Eastside | $124.4K | $124.7K | 0.2% |
Housing Supply in Northside, MI
How many homes are available in Northside, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Summary: The Northside real estate market had 20 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Northside 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 20%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
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 Northside, 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 Northside in October 2024, the same as the previous 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 Northside, MI
How long does it take to sell a home in Northside, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 15 Days | -58.4% |
Summary: Homes in Northside had an average of 15 days on market in Oct 2024, down by 58.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northside are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Northside; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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.