$3,859 Closing Credit*
$325,000
1,082 SqFt
1 Bed
•1 Full Bath
Tammy Anders, Listing Office: MI Realty, A Michigan RE Co.
Is Vandalia, 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, Vandalia was a Seller's Market.
Key Takeaway
Vandalia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Vandalia, MI
How much do homes in Vandalia, MI cost?
Median Sold Price
$396,950
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,000(+13.4%)
Key Takeaway
Homes in Vandalia have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Vandalia was $396,950 in October 2024, up 13.4% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $349.9K | $430K | +22.9% |
| 3 Bedrooms | $350K | $328K | -6.3% |
| 4 Bedrooms | $381K | $425K | +11.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Vandalia 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 22.9%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Penn Township | $370K | $449K | +21.4% |
| Vandalia | $349.9K | $396.9K | +13.4% |
Housing Supply in Vandalia, MI
How many homes are available in Vandalia, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Summary: The Vandalia real estate market had 17 homes for sale in October 2024, a 30.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Vandalia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vandalia, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Vandalia in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Vandalia, MI
How long does it take to sell a home in Vandalia, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 63 Days | 47 Days | -25.8% |
Summary: Homes in Vandalia had an average of 47 days on market in Oct 2024, down by 25.8% compared to last year.
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 Vandalia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Vandalia; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
