$160,000
5.30 Acres
Land
#50162537, JOE CAPUANA, Listing Office: GREAT LAKES & LAND OF MARQUETTE, INC.
Housing Prices in Republic, MI
How much do homes in Republic, MI cost?
Median List Price
$146,950
$98/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$175,500(-54.4%)
Key Takeaway
The list price of homes in Republic has decreased by 54.4% since last year.
Summary: The median home list price in Republic was $146,950 in November 2024, down 54.4% from the previous year, and the median price per square foot was $98.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | - | N/A |
| 2 Bedrooms | $384.9K | $199.9K | -48.1% |
| 3 Bedrooms | $175K | $129.5K | -26.0% |
| 4 Bedrooms | - | $144.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Republic 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 48.1%, 3 bedroom homes decreased by 26%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Republic Township | $262.4K | $162K | -38.3% |
| Republic | $322.4K | $146.9K | -54.4% |
Housing Supply in Republic, MI
How many homes are available in Republic, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Republic real estate market had 6 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Republic 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Republic, MI
How long does it take to sell a home in Republic, MI?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 225 Days | 255 Days | +13.2% |
Summary: Homes in Republic had an average listing age of 255 days in Nov 2024, up by 13.2% compared to the previous year.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.