Is White Cloud, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Cloud is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, White Cloud was a Seller's Market.

Key Takeaway

White Cloud is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in White Cloud, MI

How much do homes in White Cloud, MI cost?

Median Sold Price

$182,500

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$27,500(-13.1%)

Key Takeaway

Homes in White Cloud have sold for 13.1% less than they did a year ago.

Summary: The median home sold price in White Cloud was $182,500 in November 2024, down 13.1% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$138.5K
+10.8%
2 $169.9K$175K
+3.0%
3 $212K$164K
-22.6%
4 $188K$365K
+94.1%
5+ $420K$266.5K
-36.5%

Summary: White Cloud housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 22.6%, 4 bedroom homes increased by 94.1%, and 5+ bedroom homes decreased by 36.5%.

Housing Supply in White Cloud, MI

How many homes are available in White Cloud, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4740-14.9%

Summary: The White Cloud real estate market had 40 homes for sale in November 2024, a 14.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 41
-75.0%
2 1917
-10.5%
3 1516
+6.7%
4 63
-50.0%
5+ 33
0.0%

Summary: The White Cloud housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Cloud, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in White Cloud in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for White Cloud, MI

How long does it take to sell a home in White Cloud, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
74 Days69 Days-7.0%

Summary: Homes in White Cloud had an average of 69 days on market in Nov 2024, down by 7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in White Cloud has remained consistent over time.

Summary: During November 2024, 4 homes were sold in White Cloud; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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