$1,413 Closing Credit*
$119,000
1,213 SqFt
3 Beds
•1 Full Bath
#50160239, DAWN MARGONI, Listing Office: STEPHENS REAL ESTATE
Is Vulcan, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Vulcan was a Seller's Market.
Key Takeaway
Vulcan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Vulcan, MI
How much do homes in Vulcan, MI cost?
Median Sold Price
$374,900
$213/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$237,400(+172.7%)
Key Takeaway
Homes in Vulcan have sold for 172.7% more than they did a month ago.
Summary: The median home sold price in Vulcan was $374,900 in October 2024, up 172.7% from last month, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | - | N/A |
| 3 Bedrooms | $137.5K | - | N/A |
| 4 Bedrooms | $260K | $374.9K | +44.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Vulcan housing prices by bedroom type for October 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 44.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Vulcan | $137.5K | $374.9K | +172.7% |
| Meyer Township | $260K | $78K | -70.0% |
Housing Supply in Vulcan, MI
How many homes are available in Vulcan, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Vulcan real estate market had 11 homes for sale in October 2024, a 10.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Vulcan 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vulcan, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Vulcan in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Vulcan, MI
How long does it take to sell a home in Vulcan, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 Days | 1 Day | -98.8% |
Summary: Homes in Vulcan had an average of 1 days on market in Oct 2024, down by 98.8% 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 Vulcan are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Vulcan; 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.