Is Casco Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Casco Township was a Seller's Market.
Key Takeaway
Casco Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Casco Township, MI
How much do homes in Casco Township, MI cost?
Median Sold Price
$410,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Casco Township have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Casco Township was $410,000 in March 2024, up 3.8% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $196.5K | $280K | +42.5% |
| 2 Bedrooms | $465K | $323K | -30.5% |
| 3 Bedrooms | $334K | $405K | +21.3% |
| 4 Bedrooms | $469K | $549K | +17.1% |
| 5+ Bedrooms | $662.5K | $719.4K | +8.6% |
Summary: Casco Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.5%, 2 bedroom homes decreased by 30.5%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
| South Haven | $386K | $407.5K | +5.6% |
| Casco Township | $395K | $410K | +3.8% |
| Lee Township | $167.5K | $160K | -4.5% |
| Pullman | $180K | $162.5K | -9.7% |
| Ganges Township | $525K | $450K | -14.3% |
Housing Supply in Casco Township, MI
How many homes are available in Casco Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Casco Township real estate market had 25 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Casco Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Casco Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Casco Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Casco Township, MI
How long does it take to sell a home in Casco Township, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 4 Days | -92.1% |
Summary: Homes in Casco Township had an average of 4 days on market in Mar 2024, down by 92.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Casco Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Casco Township; 100% 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.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.