$4,749 Closing Credit*
$399,900
1,344 SqFt
2 Beds
•1 Full Bath
#50160079, THERESA HUNTER, Listing Office: SELECT REALTY
Is Skandia Township, 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, Skandia Township has remained a Seller's Market.
Key Takeaway
Skandia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Skandia Township, MI
How much do homes in Skandia Township, MI cost?
Median Sold Price
$317,500
$230/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$76,800(+31.9%)
Key Takeaway
Homes in Skandia Township have sold for 31.9% more than they did a month ago.
Summary: The median home sold price in Skandia Township was $317,500 in October 2024, up 31.9% from last month, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240.7K | - | N/A |
| 3 Bedrooms | - | $265K | N/A |
| 4 Bedrooms | - | $370K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Skandia Township housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Chocolay Charter Township | $186K | $535K | +187.6% |
| Skandia Township | $240.7K | $317.5K | +31.9% |
| Skandia | $255.6K | $317.5K | +24.2% |
Housing Supply in Skandia Township, MI
How many homes are available in Skandia Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Skandia Township real estate market had 4 homes for sale in October 2024, a 20.0% 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 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Skandia 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Skandia Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Skandia Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Skandia Township, MI
How long does it take to sell a home in Skandia Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 79 Days | +14.5% |
Summary: Homes in Skandia Township had an average of 79 days on market in Oct 2024, up by 14.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Skandia Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Skandia Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.