$2,256 Closing Credit*
$190,000
2,152 SqFt
3 Beds
•2 Full Baths
TEAM SHERI, Listing Office: COLDWELL BANKER SCHMIDT GAYLORD
Is Star Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Star Township was a Neutral Market.
Key Takeaway
Star Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Star Township, MI
How much do homes in Star Township, MI cost?
Median Sold Price
$255,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,550(+3.1%)
Key Takeaway
Homes in Star Township have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Star Township was $255,000 in October 2024, up 3.1% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $251K | $265K | +5.6% |
| 3 Bedrooms | $245K | $255K | +4.1% |
| 4 Bedrooms | $252.5K | $171.8K | -31.9% |
| 5+ Bedrooms | - | $665K | N/A |
Summary: Star Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 31.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hayes Township | $251K | $275K | +9.6% |
| Star Township | $247.4K | $255K | +3.1% |
| Elmira | $245K | $249.9K | +2.0% |
Housing Supply in Star Township, MI
How many homes are available in Star Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The Star Township real estate market had 18 homes for sale in October 2024, a 12.5% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Star 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 25%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 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 Star Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Star Township in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Star Township, MI
How long does it take to sell a home in Star Township, MI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Star Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Star Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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