$200,000
20.30 Acres
Land
Kendra Sweeting, Listing Office: Greenridge Cornell & Associates
Is Prairieville Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Prairieville Township was a Neutral Market.
Key Takeaway
Prairieville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Prairieville Township, MI
How much do homes in Prairieville Township, MI cost?
Median Sold Price
$600,000
$198/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$239,500(+66.4%)
Key Takeaway
Homes in Prairieville Township have sold for 66.4% more than they did a month ago.
Summary: The median home sold price in Prairieville Township was $600,000 in November 2024, up 66.4% from last month, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $422K | $600K | +42.2% |
| 4 Bedrooms | $299K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Prairieville Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 42.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Prairieville Township, MI
How many homes are available in Prairieville Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Prairieville Township real estate market had 12 homes for sale in November 2024, a 7.7% 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 | 1 | +100.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Prairieville 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 increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Prairieville Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Prairieville Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Prairieville Township, MI
How long does it take to sell a home in Prairieville Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 55 Days | +124.5% |
Summary: Homes in Prairieville Township had an average of 55 days on market in Nov 2024, up by 124.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Prairieville Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Prairieville Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.