$1,781 Closing Credit*
$150,000
1,286 SqFt
3 Beds
•2 Full Baths
Trudy Tabor, Listing Office: Hanson Realty Co
Is Shiawassee County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Shiawassee County has remained a Seller's Market.
Key Takeaway
Shiawassee County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shiawassee County, MI
How much do homes in Shiawassee County, MI cost?
Median Sold Price
$182,516
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,580(+1.4%)
Key Takeaway
Homes in Shiawassee County have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Shiawassee County was $182,516 in November 2024, up 1.4% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $76.2K | $66K | -13.4% |
| 2 Bedrooms | $138.4K | $135K | -2.5% |
| 3 Bedrooms | $177.6K | $190K | +6.9% |
| 4 Bedrooms | $230K | $225K | -2.2% |
| 5+ Bedrooms | $256.5K | $300K | +17.0% |
Summary: Shiawassee County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.4%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 17%.
Median Sold Price Compared To Nearby Counties
| Saginaw County | $149.8K | $168.2K | +12.3% |
| Ingham County | $187K | $200K | +7.0% |
| Genesee County | $194.6K | $202.3K | +3.9% |
| Livingston County | $364.8K | $375K | +2.8% |
| Shiawassee County | $179.9K | $182.5K | +1.4% |
Housing Supply in Shiawassee County, MI
How many homes are available in Shiawassee County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 250 | 231 | -7.6% |
Summary: The Shiawassee County real estate market had 231 homes for sale in November 2024, a 7.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 42 | 32 | -23.8% |
| 3 Bedrooms | 136 | 137 | +0.7% |
| 4 Bedrooms | 57 | 50 | -12.3% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Shiawassee County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 73 | +17.7% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shiawassee County, you could pay more than the asking price. 42.5% of homes here sold above asking price last month.
Summary: A total of 73 homes were sold or pending in Shiawassee County in November 2024, up by 17.7% month-over-month. Of the 73 sold homes, 40% were sold under asking, 18% were sold at asking, and 42% were sold over asking.
Days on Market for Shiawassee County, MI
How long does it take to sell a home in Shiawassee County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 24 Days | -20.6% |
Summary: Homes in Shiawassee County had an average of 24 days on market in Nov 2024, down by 20.6% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shiawassee County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 73 homes were sold in Shiawassee County; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 4% 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.