$3,384 Closing Credit*
$285,000
2,150 SqFt
3 Beds
•2 Full Baths, 1 Partial
Linda Ansara, Listing Office: Brookstone, REALTORS(r)
Is Ridgeway Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Ridgeway Township has remained a Seller's Market.
Key Takeaway
Ridgeway Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ridgeway Township, MI
How much do homes in Ridgeway Township, MI cost?
Median Sold Price
$251,250
$128/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$55,300(+28.2%)
Key Takeaway
Homes in Ridgeway Township have sold for 28.2% more than they did a month ago.
Summary: The median home sold price in Ridgeway Township was $251,250 in November 2024, up 28.2% from last month, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $169K | $247.5K | +46.4% |
| 4 Bedrooms | $222.9K | $255K | +14.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Ridgeway 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 46.4%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Macon Township | $264K | $415K | +57.2% |
| Britton | $222.9K | $335K | +50.3% |
| Ridgeway Township | $195.9K | $251.2K | +28.2% |
Housing Supply in Ridgeway Township, MI
How many homes are available in Ridgeway Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Ridgeway Township real estate market had 3 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 | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ridgeway 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 | 2 | 0.0% |
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 Ridgeway 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 Ridgeway Township in November 2024, the same as the previous 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 Ridgeway Township, MI
How long does it take to sell a home in Ridgeway Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 123 Days | 110 Days | -10.2% |
Summary: Homes in Ridgeway Township had an average of 110 days on market in Nov 2024, down by 10.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Ridgeway Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in Ridgeway Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
