$5,343 Closing Credit*
$449,900
1,040 SqFt
2 Beds
•1 Full Bath, 1 Partial
Mark Gale, Listing Office: Gale Realty, LLC
Is South Haven, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, South Haven was a Seller's Market.
Key Takeaway
South Haven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Haven, MI
How much do homes in South Haven, MI cost?
Median Sold Price
$435,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$24,950(+6.1%)
Key Takeaway
Homes in South Haven have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in South Haven was $435,000 in December 2024, up 6.1% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $192K | -32.6% |
| 2 Bedrooms | $326.4K | $412K | +26.2% |
| 3 Bedrooms | $339.9K | $345.9K | +1.8% |
| 4 Bedrooms | $507.2K | $521K | +2.7% |
| 5+ Bedrooms | $740K | $792K | +7.0% |
Summary: South Haven housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.6%, 2 bedroom homes increased by 26.2%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Cities
| South Haven | $410K | $435K | +6.1% |
| South Haven Charter Township | $410K | $435K | +6.1% |
| Casco Township | $473.8K | $417.5K | -11.9% |
Housing Supply in South Haven, MI
How many homes are available in South Haven, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 96 | 91 | -5.2% |
Summary: The South Haven real estate market had 91 homes for sale in December 2024, a 5.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 32 | 33 | +3.1% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The South Haven housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Haven, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in South Haven in December 2024, up by 10.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for South Haven, MI
How long does it take to sell a home in South Haven, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 32 Days | 49 Days | +55.4% |
Summary: Homes in South Haven had an average of 49 days on market in Dec 2024, up by 55.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Haven are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in South Haven; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% 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.