$699 Closing Credit*
$58,900
1,050 SqFt
2 Beds
•1 Full Bath
Coty Lewis, Listing Office: NextHome Greater Tri-cities
Is Spaulding Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Spaulding Township was a Buyer's Market.
Key Takeaway
Spaulding Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spaulding Township, MI
How much do homes in Spaulding Township, MI cost?
Median Sold Price
$129,900
$119/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$102,400(+372.4%)
Key Takeaway
Homes in Spaulding Township have sold for 372.4% more than they did a month ago.
Summary: The median home sold price in Spaulding Township was $129,900 in October 2024, up 372.4% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $27.5K | - | N/A |
| 3 Bedrooms | - | $129.9K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Spaulding 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
| Spaulding Township | $27.5K | $129.9K | +372.4% |
| James Township | $282K | $127.9K | -54.6% |
Housing Supply in Spaulding Township, MI
How many homes are available in Spaulding Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Spaulding Township real estate market had 11 homes for sale in October 2024, a 22.2% increase 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Spaulding 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 33.3%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spaulding Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Spaulding Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Spaulding Township, MI
How long does it take to sell a home in Spaulding Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 14 Days | +186.7% |
Summary: Homes in Spaulding Township had an average of 14 days on market in Oct 2024, up by 186.7% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spaulding Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Spaulding Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
