$1,483 Closing Credit*
$124,900
1,226 SqFt
4 Beds
•1 Full Bath, 1 Partial
Ryan M Schafer, Brandi J Harr, Listing Office: Reeds Realty
Is Northside, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Northside was a Neutral 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
$92,500
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$13,500(+17.1%)
Key Takeaway
Homes in Northside have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in Northside was $92,500 in December 2024, up 17.1% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $69.5K | N/A |
| 2 Bedrooms | $80K | $65K | -18.8% |
| 3 Bedrooms | $76.9K | $105K | +36.5% |
| 4 Bedrooms | $84.4K | $102.2K | +21.1% |
| 5+ Bedrooms | - | $174K | N/A |
Summary: Northside housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 36.5%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Northside | $79K | $92.5K | +17.1% |
| Burke Acres | $170K | $178K | +4.7% |
| Eastside | $129.9K | $114.7K | -11.7% |
Housing Supply in Northside, MI
How many homes are available in Northside, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Summary: The Northside real estate market had 11 homes for sale in December 2024, a 26.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Northside housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northside, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Northside in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 8 Days | 18 Days | +117.6% |
Summary: Homes in Northside had an average of 18 days on market in Dec 2024, up by 117.6% compared to last year.
Breakdown of Home Sale Times
3 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 December 2024, 4 homes were sold in Northside; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
