$1,223 Closing Credit*
$103,000
1,000 SqFt
3 Beds
•2 Full Baths
Steve Koleno, Listing Office: Beycome Brokerage Realty LLC
Is South Boardman, 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 Boardman has remained a Seller's Market.
Key Takeaway
South Boardman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Boardman, MI
How much do homes in South Boardman, MI cost?
Median Sold Price
$209,950
$214/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$8,200(+4.1%)
Key Takeaway
Homes in South Boardman have sold for 4.1% more than they did a month ago.
Summary: The median home sold price in South Boardman was $209,950 in November 2024, up 4.1% from last month, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52K | - | N/A |
| 2 Bedrooms | $175.5K | $213.4K | +21.6% |
| 3 Bedrooms | $237.5K | $206.5K | -13.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: South Boardman 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 increased by 21.6%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Union Township | $495K | $1.5M | +215.2% |
| South Boardman | $201.7K | $209.9K | +4.1% |
| Boardman Township | $201.7K | $206.5K | +2.4% |
Housing Supply in South Boardman, MI
How many homes are available in South Boardman, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The South Boardman real estate market had 6 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 | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Boardman housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Boardman, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in South Boardman in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for South Boardman, MI
How long does it take to sell a home in South Boardman, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 61 Days | +12.8% |
Summary: Homes in South Boardman had an average of 61 days on market in Nov 2024, up by 12.8% 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 South Boardman has remained consistent over time.
Summary: During November 2024, 2 homes were sold in South Boardman; 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.