Is Ceresco, 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, Ceresco has remained a Seller's Market.
Housing Prices in Ceresco, MI
How much do homes in Ceresco, MI cost?
Median Sold Price
$290,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ceresco was $290,000 in March 2024, up 25% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $94K | $186K | +97.9% |
3 Bedrooms | $209K | $298.5K | +42.8% |
4 Bedrooms | $300K | $290K | -3.3% |
5+ Bedrooms | $240K | $750K | +212.5% |
Summary: Ceresco 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 97.9%, 3 bedroom homes increased by 42.8%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 212.5%.
Median Sold Price Compared To Nearby Cities
Ceresco | $232K | $290K | +25.0% |
Emmett Charter Township | $207.6K | $227K | +9.3% |
Marshall Township | $226K | $225K | -0.4% |
Newton Township | $387K | $350K | -9.6% |
Housing Supply in Ceresco, MI
How many homes are available in Ceresco, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Summary: The Ceresco real estate market had 2 homes for sale in March 2024, a 100.0% 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 | 2 | +100.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ceresco 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Ceresco in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Ceresco, MI
How long does it take to sell a home in Ceresco, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
94 Days | 7 Days | -92.6% |
Summary: Homes in Ceresco had an average of 7 days on market in Mar 2024, down by 92.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Ceresco; 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.