Is Fitzgerald, 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, Fitzgerald was a Neutral Market.
Housing Prices in Fitzgerald, MI
How much do homes in Fitzgerald, MI cost?
Median Sold Price
$99,450
$67/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fitzgerald was $99,450 in April 2024, up 32.6% from last year, and the median price per square foot was $67.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $93K | N/A |
2 Bedrooms | $59.9K | $109K | +82.0% |
3 Bedrooms | $75K | $77K | +2.7% |
4 Bedrooms | $80K | $165K | +106.3% |
5+ Bedrooms | $103.7K | $95.1K | -8.3% |
Summary: Fitzgerald 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 increased by 82%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 106.3%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Neighborhoods
Fitzgerald | $75K | $99.4K | +32.6% |
Bagley Community | $183.2K | $187K | +2.0% |
Harmony VIllage | $70K | $70.2K | 0.4% |
McNichols | $89.9K | $73.7K | -18.0% |
Housing Supply in Fitzgerald, MI
How many homes are available in Fitzgerald, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 58 | +23.4% |
Summary: The Fitzgerald real estate market had 58 homes for sale in April 2024, a 23.4% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 30 | 35 | +16.7% |
4 Bedrooms | 15 | 20 | +33.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Fitzgerald 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Fitzgerald in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 45% were sold at asking, and 27% were sold over asking.
Days on Market for Fitzgerald, MI
How long does it take to sell a home in Fitzgerald, MI?
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Fitzgerald; 82% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.