$416 Closing Credit*
$35,000
720 SqFt
2 Beds
•1 Full Bath
Cathy A Hoppough, Listing Office: KW Rivertown Hoppough
Is Stanton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Stanton Township has remained a Seller's Market.
Key Takeaway
Stanton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stanton Township, MI
How much do homes in Stanton Township, MI cost?
Median Sold Price
$250,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,900(+15.7%)
Key Takeaway
Homes in Stanton Township have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Stanton Township was $250,000 in October 2024, up 15.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $89.9K | -59.1% |
| 2 Bedrooms | $185K | $199.9K | +8.1% |
| 3 Bedrooms | $195K | $229.9K | +17.9% |
| 4 Bedrooms | $220K | $297.4K | +35.2% |
| 5+ Bedrooms | $295.5K | $335K | +13.4% |
Summary: Stanton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.1%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 35.2%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in Stanton Township, MI
How many homes are available in Stanton Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The Stanton Township real estate market had 38 homes for sale in October 2024, a 5.0% decrease 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 | 8 | 9 | +12.5% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Stanton 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 increased by 12.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stanton Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Stanton Township in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Stanton Township, MI
How long does it take to sell a home in Stanton Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 31 Days | +25.4% |
Summary: Homes in Stanton Township had an average of 31 days on market in Oct 2024, up by 25.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stanton Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Stanton Township; 67% of homes were sold within 30 days, 33% 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.