Is Chesaning Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Chesaning Township has remained a Neutral Market.
Key Takeaway
Chesaning Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chesaning Township, MI
How much do homes in Chesaning Township, MI cost?
Median Sold Price
$175,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Chesaning Township have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Chesaning Township was $175,000 in November 2023, up 4.2% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $101.9K | N/A |
| 2 Bedrooms | $119.9K | $100K | -16.6% |
| 3 Bedrooms | $170K | $175K | +2.9% |
| 4 Bedrooms | $183.5K | $208.5K | +13.6% |
| 5+ Bedrooms | $165K | $400K | +142.4% |
Summary: Chesaning Township housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 142.4%.
Median Sold Price Compared To Nearby Cities
| Chesaning | $138K | $169.9K | +23.2% |
| Chesaning Township | $168K | $175K | +4.2% |
| Brady Township | $170K | $177K | +4.2% |
| Saint Charles Township | $140K | $118K | -15.7% |
Housing Supply in Chesaning Township, MI
How many homes are available in Chesaning Township, MI?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The Chesaning Township real estate market had 18 homes for sale in November 2023, a 20.0% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chesaning Township housing inventory by bedroom type for November 2023 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 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chesaning Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Chesaning Township in November 2023, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Chesaning Township, MI
How long does it take to sell a home in Chesaning Township, MI?
Breakdown of Home Sale Times
3 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 Chesaning Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 3 homes were sold in Chesaning 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.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
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.