Is Mattawan, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mattawan has remained a Seller's Market.
Housing Prices in Mattawan, MI
How much do homes in Mattawan, MI cost?
Median Sold Price
$350,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mattawan was $350,000 in April 2024, up 11.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $97K | $225K | +132.0% |
3 Bedrooms | $263K | $295K | +12.2% |
4 Bedrooms | $351.6K | $358.6K | +2.0% |
5+ Bedrooms | $598.7K | $661K | +10.4% |
Summary: Mattawan housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 132%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Cities
Mattawan | $315K | $350K | +11.1% |
Texas Charter Township | $455K | $469.2K | +3.1% |
Antwerp Township | $290K | $295K | +1.7% |
Housing Supply in Mattawan, MI
How many homes are available in Mattawan, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 29 | -12.1% |
Summary: The Mattawan real estate market had 29 homes for sale in April 2024, a 12.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 9 | 3 | -66.7% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Mattawan housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 5 | -58.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mattawan in April 2024, down by 58.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Mattawan, MI
How long does it take to sell a home in Mattawan, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
158 Days | 22 Days | -86.1% |
Summary: Homes in Mattawan had an average of 22 days on market in Apr 2024, down by 86.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Mattawan; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.