$3,194 Closing Credit*
$269,000
1,136 SqFt
2 Beds
•1 Full Bath
Caitlin Anderson, Listing Office: Coldwell Banker Schmidt- Harbor Springs
Is South Arm 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, South Arm Township has remained a Seller's Market.
Key Takeaway
South Arm Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Arm Township, MI
How much do homes in South Arm Township, MI cost?
Median Sold Price
$369,500
$292/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$2,000(+0.5%)
Key Takeaway
Homes in South Arm Township have sold for 0.5% more than they did a month ago.
Summary: The median home sold price in South Arm Township was $369,500 in November 2024, up 0.5% from last month, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $367.5K | $369.5K | 0.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: South Arm Township housing prices by bedroom type for November 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 increased by 0.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in South Arm Township, MI
How many homes are available in South Arm Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The South Arm Township real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Arm Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 South Arm 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 South Arm Township in November 2024, down by 66.7% 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 South Arm Township, MI
We’re sorry, we don't have information for this market at the moment
