Is Crystal Falls, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crystal Falls is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Crystal Falls was a Neutral Market.

Key Takeaway

Crystal Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Crystal Falls, MI

How much do homes in Crystal Falls, MI cost?

Median Sold Price

$350,000

$259/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$233,500(+200.4%)

Key Takeaway

Homes in Crystal Falls have sold for 200.4% more than they did a month ago.

Summary: The median home sold price in Crystal Falls was $350,000 in April 2024, up 200.4% from last month, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $116.5K$350K
+200.4%
4 --
N/A
5+ --
N/A

Summary: Crystal Falls housing prices by bedroom type for April 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 increased by 200.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Crystal Falls
+200.4%
Crystal Falls Township
+200.4%

Housing Supply in Crystal Falls, MI

How many homes are available in Crystal Falls, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
612+100.0%

Summary: The Crystal Falls real estate market had 12 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 25
+150.0%
3 46
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Crystal Falls housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crystal Falls, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Crystal Falls in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Crystal Falls, MI

How long does it take to sell a home in Crystal Falls, MI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Crystal Falls are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in Crystal Falls; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Crystal Falls, MI

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