Is Alaiedon Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Alaiedon Township has remained a Seller's Market.
Housing Prices in Alaiedon Township, MI
How much do homes in Alaiedon Township, MI cost?
Median Sold Price
$269,200
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Alaiedon Township was $269,200 in March 2024, down 5% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $68K | - | N/A |
2 Bedrooms | $152K | $216.3K | +42.3% |
3 Bedrooms | $225K | $260K | +15.6% |
4 Bedrooms | $392.2K | $301.4K | -23.2% |
5+ Bedrooms | $349.9K | $300K | -14.3% |
Summary: Alaiedon Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.3%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes decreased by 14.3%.
Median Sold Price Compared To Nearby Cities
Mason | $228K | $259.9K | +14.0% |
Holt | $240K | $270K | +12.5% |
Meridian Charter Township | $290.8K | $303K | +4.2% |
Okemos | $350K | $357K | +2.0% |
Alaiedon Township | $283.5K | $269.2K | -5.0% |
Housing Supply in Alaiedon Township, MI
How many homes are available in Alaiedon Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Summary: The Alaiedon Township real estate market had 7 homes for sale in March 2024, a 12.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Alaiedon Township housing inventory by bedroom type for March 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
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 Alaiedon Township in March 2024, up by 50.0% 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 Alaiedon Township, MI
How long does it take to sell a home in Alaiedon Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 59 Days | -18.7% |
Summary: Homes in Alaiedon Township had an average of 59 days on market in Mar 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Alaiedon Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.