$8,074 Closing Credit*
$679,900
2,634 SqFt
3 Beds
•2 Full Baths
Ryan J Kruithoff, John A Kruithoff, Listing Office: Five Star Real Estate Lakeshore LLC
Is Port Sheldon 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, Port Sheldon Township has remained a Seller's Market.
Key Takeaway
Port Sheldon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Port Sheldon Township, MI
How much do homes in Port Sheldon Township, MI cost?
Median Sold Price
$495,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,300(+2.3%)
Key Takeaway
Homes in Port Sheldon Township have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Port Sheldon Township was $495,000 in November 2024, up 2.3% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.2M | N/A |
| 2 Bedrooms | $359.9K | $270K | -25.0% |
| 3 Bedrooms | $445.4K | $447.5K | 0.5% |
| 4 Bedrooms | $600K | $534.9K | -10.8% |
| 5+ Bedrooms | $600K | $712.5K | +18.8% |
Summary: Port Sheldon 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 decreased by 25%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Cities
| Park Township | $410K | $435K | +6.1% |
| West Olive | $450K | $470K | +4.4% |
| Grand Haven Charter Township | $357K | $370.1K | +3.7% |
| Port Sheldon Township | $483.7K | $495K | +2.3% |
Housing Supply in Port Sheldon Township, MI
How many homes are available in Port Sheldon Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Port Sheldon Township real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Port Sheldon 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Sheldon Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Port Sheldon Township in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Port Sheldon Township, MI
How long does it take to sell a home in Port Sheldon Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 35 Days | +23.6% |
Summary: Homes in Port Sheldon Township had an average of 35 days on market in Nov 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Port Sheldon Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Port Sheldon Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
