$2,731 Closing Credit*
$230,000
1,368 SqFt
3 Beds
•1 Full Bath
Karen Wruble, Listing Office: Anderson Realty, LLC
Is Ontwa 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, Ontwa Township was a Seller's Market.
Key Takeaway
Ontwa Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ontwa Township, MI
How much do homes in Ontwa Township, MI cost?
Median Sold Price
$265,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,550(+5.0%)
Key Takeaway
Homes in Ontwa Township have sold for 5% more than they did a year ago.
Summary: The median home sold price in Ontwa Township was $265,000 in November 2024, up 5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $245K | N/A |
| 2 Bedrooms | $204.9K | $205K | 0.0% |
| 3 Bedrooms | $219K | $248K | +13.2% |
| 4 Bedrooms | $398K | $387.5K | -2.6% |
| 5+ Bedrooms | $342.5K | $482.5K | +40.9% |
Summary: Ontwa Township 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 did not change, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 40.9%.
Median Sold Price Compared To Nearby Cities
| Mason Township | $249.9K | $265K | +6.0% |
| Ontwa Township | $252.4K | $265K | +5.0% |
| Edwardsburg | $269.9K | $279.5K | +3.6% |
| Calvin Township | $218.5K | $197K | -9.8% |
Housing Supply in Ontwa Township, MI
How many homes are available in Ontwa Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 38 | 0.0% |
Summary: The Ontwa Township real estate market had 38 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 20 | 20 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Ontwa 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 increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 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 Ontwa Township, 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 Ontwa Township in November 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 Ontwa Township, MI
How long does it take to sell a home in Ontwa Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 34 Days | +44.7% |
Summary: Homes in Ontwa Township had an average of 34 days on market in Nov 2024, up by 44.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ontwa Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Ontwa 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.