$2,375 Closing Credit*
$200,000
1,608 SqFt
3 Beds
•2 Full Baths
Stacey M Fountain, Listing Office: 3DX Real Estate-Brighton
Is Perry Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Perry Township has remained a Seller's Market.
Key Takeaway
Perry Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Perry Township, MI
How much do homes in Perry Township, MI cost?
Median Sold Price
$252,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,500(+1.0%)
Key Takeaway
Homes in Perry Township have sold for 1% more than they did a year ago.
Summary: The median home sold price in Perry Township was $252,500 in October 2024, up 1% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $114.9K | $139.9K | +21.7% |
| 3 Bedrooms | $235.5K | $247K | +4.9% |
| 4 Bedrooms | $272.5K | $305K | +11.9% |
| 5+ Bedrooms | - | $510K | N/A |
Summary: Perry 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 increased by 21.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Morrice | $169.9K | $185K | +8.9% |
| Perry | $250K | $269K | +7.6% |
| Perry Township | $250K | $252.5K | +1.0% |
Housing Supply in Perry Township, MI
How many homes are available in Perry Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 25 | -21.9% |
Summary: The Perry Township real estate market had 25 homes for sale in October 2024, a 21.9% decrease 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 10 | 5 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Perry 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 decreased by 33.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perry Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Perry Township in October 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Perry Township, MI
How long does it take to sell a home in Perry Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 58 Days | +202.8% |
Summary: Homes in Perry Township had an average of 58 days on market in Oct 2024, up by 202.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Perry Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Perry Township; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.