Is Copemish, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Copemish has remained a Seller's Market.
Key Takeaway
Copemish is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Copemish, MI
How much do homes in Copemish, MI cost?
Median Sold Price
$165,000
$134/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Copemish have sold for 19.6% more than they did a month ago.
Summary: The median home sold price in Copemish was $165,000 in March 2024, up 19.6% from last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $120K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $210K | N/A |
| 4 Bedrooms | $138K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Copemish housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cleon Township | $138K | $210K | +52.2% |
| Copemish | $138K | $165K | +19.6% |
Housing Supply in Copemish, MI
How many homes are available in Copemish, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Copemish real estate market had 7 homes for sale in March 2024, a 75.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Copemish housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Copemish, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Copemish in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Copemish, MI
How long does it take to sell a home in Copemish, MI?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 80 Days | 18 Days | -77.5% |
Summary: Homes in Copemish had an average of 18 days on market in Mar 2024, down by 77.5% compared to last month.
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 Copemish are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Copemish; 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.
