$49,000
1.20 Acres
Land
Ryan M Eashoo, Listing Office: REMAX Edge
Is Shiawassee Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Shiawassee Township was a Seller's Market.
Key Takeaway
Shiawassee Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Shiawassee Township, MI
How much do homes in Shiawassee Township, MI cost?
Median Sold Price
$187,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,939(+6.2%)
Key Takeaway
Homes in Shiawassee Township have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Shiawassee Township was $187,000 in October 2024, up 6.2% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $72.5K | -50.0% |
| 2 Bedrooms | $182.5K | $160K | -12.3% |
| 3 Bedrooms | $144K | $192.4K | +33.6% |
| 4 Bedrooms | $209K | $189K | -9.6% |
| 5+ Bedrooms | - | $385K | N/A |
Summary: Shiawassee Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 33.6%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shiawassee Township | $176K | $187K | +6.2% |
| Caledonia Charter Township | $370.2K | $369.9K | -0.1% |
| Vernon Township | $179.5K | $160K | -10.9% |
Housing Supply in Shiawassee Township, MI
How many homes are available in Shiawassee Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Shiawassee Township real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shiawassee Township housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shiawassee Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Shiawassee Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Shiawassee Township, MI
How long does it take to sell a home in Shiawassee Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 5 Days | -93.4% |
Summary: Homes in Shiawassee Township had an average of 5 days on market in Oct 2024, down by 93.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shiawassee Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Shiawassee Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.