Is Ira Township, 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, Ira Township was a Buyer's Market.
Housing Prices in Ira Township, MI
How much do homes in Ira Township, MI cost?
Median Sold Price
$280,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ira Township was $280,000 in May 2024, up 0.9% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $347.5K | $206.2K | -40.6% |
3 Bedrooms | $252.6K | $298.2K | +18.0% |
4 Bedrooms | $437.5K | $355K | -18.9% |
5+ Bedrooms | - | $190K | N/A |
Summary: Ira Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.6%, 3 bedroom homes increased by 18%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
New Baltimore | $373.1K | $385K | +3.2% |
Ira Township | $277.5K | $280K | +0.9% |
Fair Haven | $277.5K | $280K | +0.9% |
Housing Supply in Ira Township, MI
How many homes are available in Ira Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Summary: The Ira Township real estate market had 10 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Ira Township 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 decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Ira Township in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Ira Township, MI
How long does it take to sell a home in Ira Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 220 Days | +300.6% |
Summary: Homes in Ira Township had an average of 220 days on market in May 2024, up by 300.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Ira Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.