Is Sodus Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sodus Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sodus Township has remained a Seller's Market.

Key Takeaway

Sodus Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sodus Township, MI

How much do homes in Sodus Township, MI cost?

Median Sold Price

$401,000

$232/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$168,250(+72.3%)

Key Takeaway

Homes in Sodus Township have sold for 72.3% more than they did a month ago.

Summary: The median home sold price in Sodus Township was $401,000 in October 2024, up 72.3% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $220.5K-
N/A
4 $1.8M$401K
-77.7%
5+ --
N/A

Summary: Sodus 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 decreased by 77.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sodus Township
+72.3%
Sodus
-57.7%

Housing Supply in Sodus Township, MI

How many homes are available in Sodus Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
105-50.0%

Summary: The Sodus Township real estate market had 5 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 40
-100.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Sodus 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 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sodus Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Sodus Township in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sodus Township, MI

How long does it take to sell a home in Sodus Township, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
89 Days49 Days-45.1%

Summary: Homes in Sodus Township had an average of 49 days on market in Oct 2024, down by 45.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sodus Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Sodus 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Sodus Township, MI

Nearby Markets to Sodus Township, MI

What housing markets are near Sodus Township, MI?