Is Blendon Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blendon Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Blendon Township has remained a Seller's Market.

Key Takeaway

Blendon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blendon Township, MI

How much do homes in Blendon Township, MI cost?

Median Sold Price

$470,000

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$4,500(+1.0%)

Key Takeaway

Homes in Blendon Township have sold for 1% more than they did a year ago.

Summary: The median home sold price in Blendon Township was $470,000 in September 2024, up 1% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $364.9K$347.5K
-4.8%
3 $340K$369.5K
+8.7%
4 $510K$628K
+23.1%
5+ $751K$561.5K
-25.2%

Summary: Blendon Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 25.2%.

Median Sold Price Compared To Nearby Cities

Allendale Charter Township
+12.1%
Allendale
+10.7%
Jenison
+5.5%
Georgetown Charter Township
+4.7%
Blendon Township
+1.0%

Housing Supply in Blendon Township, MI

How many homes are available in Blendon Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2518-28.0%

Summary: The Blendon Township real estate market had 18 homes for sale in September 2024, a 28.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 74
-42.9%
5+ 106
-40.0%

Summary: The Blendon Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
880.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blendon Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Blendon Township in September 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for Blendon Township, MI

How long does it take to sell a home in Blendon Township, MI?

Average Sale Time

Sep 2023Sep 2024CHANGE
12 Days15 Days+20.3%

Summary: Homes in Blendon Township had an average of 15 days on market in Sep 2024, up by 20.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blendon Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 8 homes were sold in Blendon Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Blendon Township, MI

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