Is Croswell, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Croswell was a Seller's Market.
Key Takeaway
Croswell is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Croswell, MI
How much do homes in Croswell, MI cost?
Median Sold Price
$89,950
$93/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Croswell have sold for 25% less than they did a month ago.
Summary: The median home sold price in Croswell was $89,950 in March 2024, down 25% from last month, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $115K | N/A |
| 3 Bedrooms | $132.5K | $64.9K | -51.0% |
| 4 Bedrooms | $120K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Croswell 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 decreased by 51%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Croswell, MI
How many homes are available in Croswell, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Croswell real estate market had 17 homes for sale in March 2024, a 6.3% 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 | 4 | 6 | +50.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Croswell 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 increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Croswell, 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 Croswell in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Croswell, MI
How long does it take to sell a home in Croswell, MI?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 105 Days | 85 Days | -19.1% |
Summary: Homes in Croswell had an average of 85 days on market in Mar 2024, down by 19.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Croswell are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Croswell; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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