Is Delton, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Delton was a Seller's Market.
Housing Prices in Delton, MI
How much do homes in Delton, MI cost?
Median Sold Price
$281,500
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Delton was $281,500 in April 2024, up 22.4% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $162.5K | -26.1% |
2 Bedrooms | $190K | $260K | +36.8% |
3 Bedrooms | $230K | $287K | +24.8% |
4 Bedrooms | $270K | $435K | +61.1% |
5+ Bedrooms | $240K | $349.5K | +45.6% |
Summary: Delton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.1%, 2 bedroom homes increased by 36.8%, 3 bedroom homes increased by 24.8%, 4 bedroom homes increased by 61.1%, and 5+ bedroom homes increased by 45.6%.
Median Sold Price Compared To Nearby Cities
Orangeville Township | $255K | $319.9K | +25.5% |
Delton | $230K | $281.5K | +22.4% |
Hope Township | $220K | $250K | +13.6% |
Prairieville Township | $340K | $325K | -4.4% |
Housing Supply in Delton, MI
How many homes are available in Delton, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Summary: The Delton real estate market had 25 homes for sale in April 2024, a 3.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 0 | -100.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Delton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Delton in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Delton, MI
How long does it take to sell a home in Delton, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 24 Days | -48.0% |
Summary: Homes in Delton had an average of 24 days on market in Apr 2024, down by 48% compared to last year.
Breakdown of Home Sale Times
3 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, 4 homes were sold in Delton; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.