$3,443 Closing Credit*
$289,900
1,540 SqFt
3 Beds
•2 Full Baths
Chuck Ames, Listing Office: Century 21 White House Realty
Is Stanwood, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Stanwood was a Seller's Market.
Key Takeaway
Stanwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Stanwood, MI
How much do homes in Stanwood, MI cost?
Median Sold Price
$309,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,050(+6.6%)
Key Takeaway
Homes in Stanwood have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Stanwood was $309,000 in November 2024, up 6.6% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $185K | N/A |
| 2 Bedrooms | $198.9K | $207.5K | +4.3% |
| 3 Bedrooms | $285K | $275K | -3.5% |
| 4 Bedrooms | $350.6K | $419K | +19.5% |
| 5+ Bedrooms | $389.7K | $437.5K | +12.3% |
Summary: Stanwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
| Austin Township | $225.9K | $265K | +17.3% |
| Stanwood | $289.9K | $309K | +6.6% |
| Mecosta Township | $186.2K | $195K | +4.7% |
Housing Supply in Stanwood, MI
How many homes are available in Stanwood, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 60 | -10.4% |
Summary: The Stanwood real estate market had 60 homes for sale in November 2024, a 10.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 36 | 33 | -8.3% |
| 4 Bedrooms | 18 | 14 | -22.2% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Stanwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 10 | -47.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stanwood, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Stanwood in November 2024, down by 47.4% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Stanwood, MI
How long does it take to sell a home in Stanwood, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 26 Days | -9.4% |
Summary: Homes in Stanwood had an average of 26 days on market in Nov 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Stanwood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Stanwood; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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.