$2,672 Closing Credit*
$225,000
858 SqFt
2 Beds
•1 Full Bath
Brooke Haase, Listing Office: LIGHTHOUSE REALTY-Manistee
Is Weldon Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Weldon Township has remained a Seller's Market.
Key Takeaway
Weldon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Weldon Township, MI
How much do homes in Weldon Township, MI cost?
Median Sold Price
$314,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$63,000(+25.1%)
Key Takeaway
Homes in Weldon Township have sold for 25.1% more than they did a year ago.
Summary: The median home sold price in Weldon Township was $314,000 in November 2024, up 25.1% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | $175K | -19.5% |
| 2 Bedrooms | $335K | $345K | +3.0% |
| 3 Bedrooms | $245K | $298.5K | +21.8% |
| 4 Bedrooms | $705K | $455K | -35.5% |
| 5+ Bedrooms | $515K | $890K | +72.8% |
Summary: Weldon Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.5%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 21.8%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes increased by 72.8%.
Median Sold Price Compared To Nearby Cities
| Colfax Township | $142.5K | $316.5K | +122.1% |
| Thompsonville | $227.5K | $327.7K | +44.1% |
| Weldon Township | $251K | $314K | +25.1% |
| Benzonia Township | $339.9K | $385K | +13.3% |
Housing Supply in Weldon Township, MI
How many homes are available in Weldon Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Weldon Township real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Weldon Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 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 Weldon Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Weldon Township in November 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Weldon Township, MI
How long does it take to sell a home in Weldon Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 76 Days | +125.7% |
Summary: Homes in Weldon Township had an average of 76 days on market in Nov 2024, up by 125.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Weldon Township has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Weldon Township; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
