$2,494 Closing Credit*
$210,000
1,200 SqFt
3 Beds
•2 Full Baths
Katie Euler, Listing Office: Full Circle Real Estate Group LLC
Is Venice Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Venice Township has remained a Seller's Market.
Key Takeaway
Venice Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Venice Township, MI
How much do homes in Venice Township, MI cost?
Median Sold Price
$255,000
$158/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$85,000(+50.0%)
Key Takeaway
Homes in Venice Township have sold for 50% more than they did a month ago.
Summary: The median home sold price in Venice Township was $255,000 in November 2024, up 50% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $156K | - | N/A |
| 4 Bedrooms | $170K | $255K | +50.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Venice Township housing prices by bedroom type for November 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 did not change, 4 bedroom homes increased by 50%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Venice Township | $170K | $255K | +50.0% |
| Lennon | $170K | $250K | +47.1% |
Housing Supply in Venice Township, MI
How many homes are available in Venice Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Summary: The Venice Township real estate market had 3 homes for sale in November 2024, a 40.0% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Venice Township 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 increased by 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Venice Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Venice Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Venice Township, MI
How long does it take to sell a home in Venice Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 6 Days | -92.0% |
Summary: Homes in Venice Township had an average of 6 days on market in Nov 2024, down by 92% 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
Key Takeaway
Many homes in Venice Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Venice 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.
