$2,849 Closing Credit*
$239,900
1,092 SqFt
2 Beds
•1 Full Bath
Greg Miller, Listing Office: Active Realtors
Is Ontwa Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$260,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+2.0%)
Key Takeaway
Homes in Ontwa Township have sold for 2% more than they did a year ago.
Summary: The median home sold price in Ontwa Township was $260,000 in October 2024, up 2% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $245K | N/A |
| 2 Bedrooms | $204.9K | $154K | -24.9% |
| 3 Bedrooms | $216K | $245K | +13.4% |
| 4 Bedrooms | $434K | $387.5K | -10.7% |
| 5+ Bedrooms | $360K | $482.5K | +34.0% |
Summary: Ontwa Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.9%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 34%.
Median Sold Price Compared To Nearby Cities
| Edwardsburg | $255K | $280K | +9.8% |
| Mason Township | $242K | $265K | +9.5% |
| Ontwa Township | $255K | $260K | +2.0% |
| Calvin Township | $222K | $197K | -11.3% |
Housing Supply in Ontwa Township, MI
How many homes are available in Ontwa Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 36 | +16.1% |
Summary: The Ontwa Township real estate market had 36 homes for sale in October 2024, a 16.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Ontwa Township 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 remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ontwa Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Ontwa Township in October 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 36 Days | -55.2% |
Summary: Homes in Ontwa Township had an average of 36 days on market in Oct 2024, down by 55.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ontwa Township has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Ontwa Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
