$295,000
42.00 Acres
Land
Morgan Beilfuss, Listing Office: The Home Office Realty LLC
Is Shiawassee Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Shiawassee Township was a Buyer's Market.
Key Takeaway
Shiawassee Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shiawassee Township, MI
How much do homes in Shiawassee Township, MI cost?
Median Sold Price
$189,000
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,000(+8.0%)
Key Takeaway
Homes in Shiawassee Township have sold for 8% more than they did a year ago.
Summary: The median home sold price in Shiawassee Township was $189,000 in November 2024, up 8% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108.7K | - | N/A |
| 2 Bedrooms | $182.5K | $160K | -12.3% |
| 3 Bedrooms | $118K | $185K | +56.8% |
| 4 Bedrooms | $203.5K | $254.4K | +25.0% |
| 5+ Bedrooms | - | $385K | N/A |
Summary: Shiawassee Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 56.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shiawassee Township | $175K | $189K | +8.0% |
| Caledonia Charter Township | $370K | $374.5K | +1.2% |
| Vernon Township | $179K | $150K | -16.2% |
| Bennington Township | $370.9K | $275K | -25.9% |
Housing Supply in Shiawassee Township, MI
How many homes are available in Shiawassee Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Shiawassee Township real estate market had 4 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shiawassee 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shiawassee Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Shiawassee Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 23 Days | +155.6% |
Summary: Homes in Shiawassee Township had an average of 23 days on market in Nov 2024, up by 155.6% 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 November 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.