Is Coopersville, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Coopersville was a Neutral Market.
Key Takeaway
Coopersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coopersville, MI
How much do homes in Coopersville, MI cost?
Median Sold Price
$328,450
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Coopersville have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Coopersville was $328,450 in May 2024, up 9.9% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $298.7K | $239.9K | -19.7% |
| 2 Bedrooms | $227K | $221K | -2.6% |
| 3 Bedrooms | $246.2K | $315K | +27.9% |
| 4 Bedrooms | $340K | $345K | +1.5% |
| 5+ Bedrooms | $375K | $360K | -4.0% |
Summary: Coopersville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.7%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
| Coopersville | $298.7K | $328.4K | +9.9% |
| Wright Township | $280K | $290K | +3.6% |
Housing Supply in Coopersville, MI
How many homes are available in Coopersville, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Coopersville real estate market had 20 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Coopersville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coopersville, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Coopersville in May 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Coopersville, MI
How long does it take to sell a home in Coopersville, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 9 Days | 4 Days | -58.6% |
Summary: Homes in Coopersville had an average of 4 days on market in May 2024, down by 58.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coopersville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Coopersville; 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.
