$1,758 Closing Credit*
$148,000
2,728 SqFt
6 Beds
•2 Full Baths, 2 Partial
Nate Coston, Listing Office: Coldwell Banker Professionals
Is Sanford, 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, Sanford has remained a Seller's Market.
Key Takeaway
Sanford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sanford, MI
How much do homes in Sanford, MI cost?
Median Sold Price
$263,000
$133/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$19,075(-6.8%)
Key Takeaway
Homes in Sanford have sold for 6.8% less than they did a month ago.
Summary: The median home sold price in Sanford was $263,000 in December 2024, down 6.8% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $271.1K | $216K | -20.3% |
| 4 Bedrooms | - | $372.5K | N/A |
| 5+ Bedrooms | $430K | - | N/A |
Summary: Sanford housing prices by bedroom type for December 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 decreased by 20.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lincoln Township | $116.7K | $210K | +79.9% |
| Sanford | $282K | $263K | -6.8% |
Housing Supply in Sanford, MI
How many homes are available in Sanford, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The Sanford real estate market had 16 homes for sale in December 2024, a 11.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sanford housing inventory by bedroom type for December 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 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sanford, 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 Sanford in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Sanford, MI
How long does it take to sell a home in Sanford, MI?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 Days | 76 Days | +283.3% |
Summary: Homes in Sanford had an average of 76 days on market in Dec 2024, up by 283.3% 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 Sanford are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Sanford; 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.