Is Montmorency Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Montmorency Township has remained a Seller's Market.
Housing Prices in Montmorency Township, MI
How much do homes in Montmorency Township, MI cost?
Median Sold Price
$249,900
$222/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Montmorency Township was $249,900 in May 2024, up 56.3% from last month, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $250K | N/A |
2 Bedrooms | - | $240K | N/A |
3 Bedrooms | $159.9K | $249.9K | +56.3% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Montmorency Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 56.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Montmorency Township, MI
How many homes are available in Montmorency Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Summary: The Montmorency Township real estate market had 9 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 | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 4 | 1 | -75.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Montmorency 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 increased by 100%, 3 bedroom homes decreased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Montmorency Township in May 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Montmorency Township, MI
How long does it take to sell a home in Montmorency Township, MI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Montmorency Township; 33% 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.