$8,289 Closing Credit*
$698,000
4,324 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jeff Kermath, Listing Office: Kermath Realty LLC
Is Overisel Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Overisel Township has remained a Seller's Market.
Key Takeaway
Overisel Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Overisel Township, MI
How much do homes in Overisel Township, MI cost?
Median Sold Price
$335,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,000(-5.6%)
Key Takeaway
Homes in Overisel Township have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in Overisel Township was $335,000 in November 2024, down 5.6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $226K | N/A |
| 3 Bedrooms | $319.9K | $317.5K | -0.8% |
| 4 Bedrooms | $374.5K | $538.7K | +43.9% |
| 5+ Bedrooms | - | $568K | N/A |
Summary: Overisel 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 decreased by 0.8%, 4 bedroom homes increased by 43.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Zeeland Charter Township | $345K | $371.8K | +7.8% |
| Salem Township | $349.7K | $345K | -1.4% |
| Overisel Township | $355K | $335K | -5.6% |
Housing Supply in Overisel Township, MI
How many homes are available in Overisel Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Overisel Township real estate market had 6 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Overisel 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
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 Overisel 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 Overisel Township in November 2024, up by 100.0% 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 Overisel Township, MI
How long does it take to sell a home in Overisel Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 12 Days | -64.3% |
Summary: Homes in Overisel Township had an average of 12 days on market in Nov 2024, down by 64.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Overisel Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Overisel Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
