$215,000
40.00 Acres
Land
Kellene Fast, Listing Office: RE/MAX Hometown
Is Sandstone 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, Sandstone Township has remained a Seller's Market.
Key Takeaway
Sandstone Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sandstone Township, MI
How much do homes in Sandstone Township, MI cost?
Median Sold Price
$299,900
$120/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$30,100(-9.1%)
Key Takeaway
Homes in Sandstone Township have sold for 9.1% less than they did a month ago.
Summary: The median home sold price in Sandstone Township was $299,900 in November 2024, down 9.1% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $403K | $280K | -30.5% |
| 3 Bedrooms | $330K | $254.9K | -22.8% |
| 4 Bedrooms | - | $300K | N/A |
| 5+ Bedrooms | $310K | - | N/A |
Summary: Sandstone 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 decreased by 30.5%, 3 bedroom homes decreased by 22.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sandstone Township, MI
How many homes are available in Sandstone Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Sandstone Township real estate market had 14 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Sandstone 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 decreased by 25%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sandstone Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sandstone Township in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Sandstone Township, MI
How long does it take to sell a home in Sandstone Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 73 Days | +67.7% |
Summary: Homes in Sandstone Township had an average of 73 days on market in Nov 2024, up by 67.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sandstone Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Sandstone Township; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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.