Is Nadeau Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nadeau Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Nadeau Township has remained a Seller's Market.

Key Takeaway

Nadeau Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nadeau Township, MI

How much do homes in Nadeau Township, MI cost?

Median Sold Price

$257,500

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$119,000(+85.9%)

Key Takeaway

Homes in Nadeau Township have sold for 85.9% more than they did a year ago.

Summary: The median home sold price in Nadeau Township was $257,500 in April 2024, up 85.9% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $110K-
N/A
2 $95K-
N/A
3 $168.5K$251.7K
+49.4%
4 -$309K
N/A
5+ --
N/A

Summary: Nadeau Township 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 did not change, 3 bedroom homes increased by 49.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nadeau Township, MI

How many homes are available in Nadeau Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Nadeau Township real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Nadeau Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nadeau Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Nadeau Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Nadeau Township, MI

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nadeau Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Nadeau Township; 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.

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

Report Updated 16 Days Ago

Newest Listings in Nadeau Township, MI

Nearby Markets to Nadeau Township, MI