$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 Last Month
Since last month, Weldon Township has remained a Buyer's Market.
Key Takeaway
Weldon Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Weldon Township, MI
How much do homes in Weldon Township, MI cost?
Median Sold Price
$345,000
$402/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$89,000(+34.8%)
Key Takeaway
Homes in Weldon Township have sold for 34.8% more than they did a month ago.
Summary: The median home sold price in Weldon Township was $345,000 in October 2024, up 34.8% from last month, and the median price per square foot was $402.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | - | $345K | N/A |
| 3 Bedrooms | $256K | - | N/A |
| 4 Bedrooms | - | $715K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Weldon Township 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 did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Weldon Township | $256K | $345K | +34.8% |
| Benzonia Township | $1.0M | $354.4K | -65.5% |
Housing Supply in Weldon Township, MI
How many homes are available in Weldon Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The Weldon Township real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Weldon Township 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 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 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 3 homes were sold or pending in Weldon Township in October 2024, up by 50.0% month-over-month. Of the 3 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 107 Days | +137.8% |
Summary: Homes in Weldon Township had an average of 107 days on market in Oct 2024, up by 137.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Weldon Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Weldon Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
