$891 Closing Credit*
$75,000
3,389 SqFt
5 Beds
•2 Full Baths
Shelley Rose, Listing Office: Full Circle Real Estate Group LLC
Is Shiawassee County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$185,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,837(+3.3%)
Key Takeaway
Homes in Shiawassee County have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Shiawassee County was $185,000 in October 2024, up 3.3% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70.5K | $72.7K | +3.2% |
| 2 Bedrooms | $138K | $139K | +0.7% |
| 3 Bedrooms | $178.5K | $191.7K | +7.4% |
| 4 Bedrooms | $230K | $229.9K | 0% |
| 5+ Bedrooms | $270K | $321K | +18.9% |
Summary: Shiawassee County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 18.9%.
Median Sold Price Compared To Nearby Counties
| Saginaw County | $148.6K | $168K | +13.0% |
| Ingham County | $185.2K | $199.9K | +8.0% |
| Genesee County | $195.8K | $204.4K | +4.4% |
| Shiawassee County | $179.1K | $185K | +3.3% |
| Livingston County | $365K | $375K | +2.7% |
Housing Supply in Shiawassee County, MI
How many homes are available in Shiawassee County, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 234 | 236 | +0.9% |
Summary: The Shiawassee County real estate market had 236 homes for sale in October 2024, a 0.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 36 | 41 | +13.9% |
| 3 Bedrooms | 124 | 130 | +4.8% |
| 4 Bedrooms | 62 | 52 | -16.1% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Shiawassee County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 56 | -26.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shiawassee County, you could pay more than the asking price. 47.3% of homes here sold above asking price last month.
Summary: A total of 56 homes were sold or pending in Shiawassee County in October 2024, down by 26.3% month-over-month. Of the 55 sold homes, 27% were sold under asking, 25% were sold at asking, and 47% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 27 Days | -18.2% |
Summary: Homes in Shiawassee County had an average of 27 days on market in Oct 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
12 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 October 2024, 56 homes were sold in Shiawassee County; 73% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% 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.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.