$3,741 Closing Credit*
$315,000
1,712 SqFt
4 Beds
•2 Full Baths, 1 Partial
Iris Reynolds, Listing Office: Keller Williams Realty Lansing-East
Is Potterville, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Potterville was a Seller's Market.
Key Takeaway
Potterville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Potterville, MI
How much do homes in Potterville, MI cost?
Median Sold Price
$280,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,000(+18.1%)
Key Takeaway
Homes in Potterville have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in Potterville was $280,000 in November 2024, up 18.1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $305K | N/A |
| 2 Bedrooms | $142.4K | $133K | -6.6% |
| 3 Bedrooms | $226K | $238K | +5.3% |
| 4 Bedrooms | $243K | $329.9K | +35.8% |
| 5+ Bedrooms | $630K | $394.7K | -37.3% |
Summary: Potterville 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 6.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 35.8%, and 5+ bedroom homes decreased by 37.3%.
Housing Supply in Potterville, MI
How many homes are available in Potterville, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Potterville real estate market had 9 homes for sale in November 2024, a 25.0% 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 | 5 | 6 | +20.0% |
| 4 Bedrooms | 7 | 3 | -57.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Potterville 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 increased by 20%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Potterville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Potterville in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Potterville, MI
How long does it take to sell a home in Potterville, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 35 Days | +20.7% |
Summary: Homes in Potterville had an average of 35 days on market in Nov 2024, up by 20.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Potterville has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Potterville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.