Is Conner, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Conner was a Seller's Market.
Key Takeaway
Conner is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Conner, MI
How much do homes in Conner, MI cost?
Median Sold Price
$50,000
$42/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Conner have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Conner was $50,000 in April 2024, up 4.2% from last year, and the median price per square foot was $42.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $5K | N/A |
| 2 Bedrooms | $36K | $35K | -2.8% |
| 3 Bedrooms | $49.7K | $50K | 0.5% |
| 4 Bedrooms | $40K | $81.6K | +104.0% |
| 5+ Bedrooms | $85K | $55K | -35.3% |
Summary: Conner housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 104%, and 5+ bedroom homes decreased by 35.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Von Steuben | $42K | $55K | +31.0% |
| Upper East | $50K | $55K | +10.0% |
| Conner | $48K | $50K | +4.2% |
Housing Supply in Conner, MI
How many homes are available in Conner, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 | 75 | +11.9% |
Summary: The Conner real estate market had 75 homes for sale in April 2024, a 11.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 46 | 49 | +6.5% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Conner housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Conner, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Conner in April 2024, down by 41.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Conner, MI
How long does it take to sell a home in Conner, MI?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Conner has remained consistent over time.
Summary: During April 2024, 7 homes were sold in Conner; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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.