$4,274 Closing Credit*
$359,900
2,532 SqFt
3 Beds
•2 Full Baths
Keri Wade, Listing Office: Five Star Real Estate Whitehall
Is Polkton Charter 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, Polkton Charter Township has remained a Seller's Market.
Key Takeaway
Polkton Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Polkton Charter Township, MI
How much do homes in Polkton Charter Township, MI cost?
Median Sold Price
$377,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$23,000(-5.8%)
Key Takeaway
Homes in Polkton Charter Township have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in Polkton Charter Township was $377,000 in November 2024, down 5.8% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $320K | N/A |
| 3 Bedrooms | $366.5K | $345.1K | -5.8% |
| 4 Bedrooms | $410K | $420K | +2.4% |
| 5+ Bedrooms | $392.5K | $660K | +68.2% |
Summary: Polkton Charter 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 5.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 68.2%.
Median Sold Price Compared To Nearby Cities
| Allendale Charter Township | $370K | $415K | +12.2% |
| Allendale | $370K | $415K | +12.2% |
| Coopersville | $329.9K | $332.5K | +0.8% |
| Polkton Charter Township | $400K | $377K | -5.8% |
Housing Supply in Polkton Charter Township, MI
How many homes are available in Polkton Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The Polkton Charter Township real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Polkton Charter 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 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Polkton Charter Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Polkton Charter Township in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Polkton Charter Township, MI
How long does it take to sell a home in Polkton Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 31 Days | -63.3% |
Summary: Homes in Polkton Charter Township had an average of 31 days on market in Nov 2024, down by 63.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Polkton Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Polkton Charter Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
