$2,969 Closing Credit*
$250,000
900 SqFt
2 Beds
•2 Full Baths
Sheri Ide, Listing Office: Exit Great Lakes Realty
Is Vermontville, 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, Vermontville was a Neutral Market.
Key Takeaway
Vermontville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vermontville, MI
How much do homes in Vermontville, MI cost?
Median Sold Price
$205,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,000(-0.5%)
Key Takeaway
The sold price of homes in Vermontville has remained the same since last year.
Summary: The median home sold price in Vermontville was $205,000 in November 2024, down 0.5% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $171.2K | -40.9% |
| 3 Bedrooms | $206K | $199.9K | -3.0% |
| 4 Bedrooms | $263.5K | $259.7K | -1.4% |
| 5+ Bedrooms | $200K | $330K | +65.0% |
Summary: Vermontville 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 decreased by 40.9%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 65%.
Median Sold Price Compared To Nearby Cities
| Vermontville Township | $204K | $215K | +5.4% |
| Vermontville | $206K | $205K | -0.5% |
Housing Supply in Vermontville, MI
How many homes are available in Vermontville, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The Vermontville real estate market had 11 homes for sale in November 2024, a 21.4% 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 | 0 | 2 | +100.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Vermontville 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 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Vermontville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Vermontville in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Vermontville, MI
How long does it take to sell a home in Vermontville, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 17 Days | +343.8% |
Summary: Homes in Vermontville had an average of 17 days on market in Nov 2024, up by 343.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vermontville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Vermontville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.