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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Standish Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Standish Township was a Seller's Market.

Key Takeaway

Standish Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Standish Township, MI

How much do homes in Standish Township, MI cost?

Median Sold Price

$123,240

$91/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$21,760(-15.0%)

Key Takeaway

Homes in Standish Township have sold for 15% less than they did a month ago.

Summary: The median home sold price in Standish Township was $123,240 in October 2024, down 15% from last month, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $89.9K-
N/A
2 $147.4K-
N/A
3 $145K$123.2K
-15.0%
4 $380K-
N/A
5+ --
N/A

Summary: Standish 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 decreased by 15%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lincoln Township
+46.9%
Standish Township
-15.0%
Arenac Township
-53.9%

Housing Supply in Standish Township, MI

How many homes are available in Standish Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2522-12.0%

Summary: The Standish Township real estate market had 22 homes for sale in October 2024, a 12.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 77
0.0%
3 1312
-7.7%
4 21
-50.0%
5+ 22
0.0%

Summary: The Standish Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Standish 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 Standish Township in October 2024, down by 83.3% 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 Standish Township, MI

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

Average Sale Time

Sep 2024Oct 2024CHANGE
102 Days12 Days-88.2%

Summary: Homes in Standish Township had an average of 12 days on market in Oct 2024, down by 88.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Standish Township are selling fast, if you're buying plan to act quickly.

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

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

Report Updated 17 Days Ago

Newest Listings in Standish Township, MI

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