Housing Prices in Black River, MI
How much do homes in Black River, MI cost?
Median List Price
$235,000
$120/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Black River has decreased by 48.3% since last year.
Summary: The median home list price in Black River was $235,000 in March 2024, down 48.3% from the previous year, and the median price per square foot was $120.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199.9K | $367.4K | +83.8% |
| 3 Bedrooms | $710K | $142.4K | -79.9% |
| 4 Bedrooms | - | $579K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Black River 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 83.8%, 3 bedroom homes decreased by 79.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Alcona Township | $154.9K | $200K | +29.1% |
| Ossineke | $149.9K | $150K | 0.1% |
| Sanborn Township | $150K | $150K | 0.0% |
| Black River | $454.9K | $235K | -48.3% |
Housing Supply in Black River, MI
How many homes are available in Black River, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Black River real estate market had 1 homes for sale in March 2024, a 50.0% 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 | 1 | 0 | -100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Black River 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Black River, MI
How long does it take to sell a home in Black River, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 154 Days | 341 Days | +121.4% |
Summary: Homes in Black River had an average listing age of 341 days in Mar 2024, up by 121.4% compared to the previous year.
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