$3,551 Closing Credit*
$299,000
2,162 SqFt
3 Beds
•2 Full Baths
Mary K Rosenberry, Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate
Is Nottawa Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Nottawa Township was a Seller's Market.
Key Takeaway
Nottawa Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Nottawa Township, MI
How much do homes in Nottawa Township, MI cost?
Median Sold Price
$215,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,750(-8.8%)
Key Takeaway
Homes in Nottawa Township have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in Nottawa Township was $215,000 in November 2024, down 8.8% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132K | $178K | +34.8% |
| 2 Bedrooms | $99K | $130K | +31.3% |
| 3 Bedrooms | $275.5K | $215K | -22.0% |
| 4 Bedrooms | $307.5K | $365K | +18.7% |
| 5+ Bedrooms | $290.2K | $730K | +151.5% |
Summary: Nottawa Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.8%, 2 bedroom homes increased by 31.3%, 3 bedroom homes decreased by 22%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 151.5%.
Median Sold Price Compared To Nearby Cities
| Mendon Township | $200K | $195K | -2.5% |
| Nottawa Township | $235.7K | $215K | -8.8% |
| Sherman Township | $337.5K | $297.5K | -11.9% |
Housing Supply in Nottawa Township, MI
How many homes are available in Nottawa Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 19 | -24.0% |
Summary: The Nottawa Township real estate market had 19 homes for sale in November 2024, a 24.0% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Nottawa Township 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 16.7%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Nottawa Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Nottawa Township in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Nottawa Township, MI
How long does it take to sell a home in Nottawa Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 17 Days | -50.0% |
Summary: Homes in Nottawa Township had an average of 17 days on market in Nov 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nottawa Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Nottawa Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.