$10,000 Closing Credit*
$1,400,000
2,190 SqFt
4 Beds
•2 Full Baths, 1 Partial
James A Wiersma, Listing Office: Coldwell Banker Woodland Schmidt
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 October 2023
At the same time last year, Port Sheldon Township was a Seller's Market.
Key Takeaway
Port Sheldon Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Port Sheldon Township, MI
How much do homes in Port Sheldon Township, MI cost?
Median Sold Price
$495,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+10.0%)
Key Takeaway
Homes in Port Sheldon Township have sold for 10% more than they did a year ago.
Summary: The median home sold price in Port Sheldon Township was $495,000 in October 2024, up 10% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $376K | $270K | -28.2% |
| 3 Bedrooms | $429.9K | $455K | +5.8% |
| 4 Bedrooms | $550K | $547.4K | -0.5% |
| 5+ Bedrooms | $600K | $720.7K | +20.1% |
Summary: Port Sheldon 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 28.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 20.1%.
Median Sold Price Compared To Nearby Cities
| Olive Township | $340K | $395K | +16.2% |
| Port Sheldon Township | $450K | $495K | +10.0% |
| West Olive | $425K | $462.7K | +8.9% |
| Park Township | $403.6K | $430.5K | +6.7% |
| Grand Haven Charter Township | $350K | $369.2K | +5.5% |
Housing Supply in Port Sheldon Township, MI
How many homes are available in Port Sheldon Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The Port Sheldon Township real estate market had 20 homes for sale in October 2024, a 17.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Port Sheldon Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 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 Port Sheldon Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Port Sheldon Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 22 Days | +650.0% |
Summary: Homes in Port Sheldon Township had an average of 22 days on market in Oct 2024, up by 650% 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 Port Sheldon Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Port Sheldon 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.
