Is Corunna, 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, Corunna has remained a Seller's Market.
Housing Prices in Corunna, MI
How much do homes in Corunna, MI cost?
Median Sold Price
$182,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Corunna was $182,000 in April 2024, up 25.5% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $45K | N/A |
2 Bedrooms | $119.9K | $126K | +5.1% |
3 Bedrooms | $148.7K | $170K | +14.3% |
4 Bedrooms | $175.6K | $233.5K | +32.9% |
5+ Bedrooms | $182K | $243K | +33.5% |
Summary: Corunna 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 5.1%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes increased by 33.5%.
Median Sold Price Compared To Nearby Cities
Corunna | $145K | $182K | +25.5% |
Caledonia Charter Township | $339K | $374.1K | +10.4% |
Housing Supply in Corunna, MI
How many homes are available in Corunna, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Summary: The Corunna real estate market had 19 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Corunna 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Corunna in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Corunna, MI
How long does it take to sell a home in Corunna, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
79 Days | 12 Days | -84.6% |
Summary: Homes in Corunna had an average of 12 days on market in Apr 2024, down by 84.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Corunna; 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.