Is Constantine 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, Constantine Township was a Seller's Market.
Key Takeaway
Constantine 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 Constantine Township, MI
How much do homes in Constantine Township, MI cost?
Median Sold Price
$180,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Constantine Township have sold for 12.4% less than they did a year ago.
Summary: The median home sold price in Constantine Township was $180,000 in March 2024, down 12.4% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $65K | N/A |
| 2 Bedrooms | $89K | $110K | +23.6% |
| 3 Bedrooms | $181K | $186.5K | +3.0% |
| 4 Bedrooms | $444.9K | $189.9K | -57.3% |
| 5+ Bedrooms | $178.5K | $200K | +12.0% |
Summary: Constantine 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 increased by 23.6%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 57.3%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Cities
| Constantine | $190.5K | $180K | -5.5% |
| Constantine Township | $205.5K | $180K | -12.4% |
Housing Supply in Constantine Township, MI
How many homes are available in Constantine Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Constantine Township real estate market had 12 homes for sale in March 2024, a 9.1% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Constantine 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 increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 Constantine 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 Constantine Township in March 2024, the same as the previous 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 Constantine Township, MI
How long does it take to sell a home in Constantine Township, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 1 Days | 22 Days | +1366.7% |
Summary: Homes in Constantine Township had an average of 22 days on market in Mar 2024, up by 1366.7% 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 Constantine Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Constantine 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.
