Is Blendon 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, 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
$432,550
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Blendon Township have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Blendon Township was $432,550 in March 2024, up 14.6% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $350K | N/A |
| 3 Bedrooms | $306K | $325K | +6.2% |
| 4 Bedrooms | $409.9K | $475K | +15.9% |
| 5+ Bedrooms | $679.5K | $539K | -20.7% |
Summary: Blendon 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 did not change, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes decreased by 20.7%.
Median Sold Price Compared To Nearby Cities
| Blendon Township | $377.4K | $432.5K | +14.6% |
| Jenison | $315K | $345K | +9.5% |
| Georgetown Charter Township | $341.6K | $361K | +5.7% |
| Allendale | $361.1K | $374.9K | +3.8% |
| Allendale Charter Township | $361.1K | $374.9K | +3.8% |
Housing Supply in Blendon Township, MI
How many homes are available in Blendon Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Blendon Township real estate market had 5 homes for sale in March 2024, a 25.0% increase 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 | 1 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Blendon 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Blendon Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Blendon Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 24 Days | 33 Days | +39.6% |
Summary: Homes in Blendon Township had an average of 33 days on market in Mar 2024, up by 39.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blendon Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Blendon Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
