Is Ida Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Ida Township has remained a Seller's Market.
Housing Prices in Ida Township, MI
How much do homes in Ida Township, MI cost?
Median Sold Price
$259,900
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Ida Township was $259,900 in February 2024, up 15.5% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $165K | $179K | +8.5% |
3 Bedrooms | $215K | $251K | +16.7% |
4 Bedrooms | $435.5K | $300K | -31.1% |
5+ Bedrooms | $160.9K | $925K | +474.7% |
Summary: Ida Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 31.1%, and 5+ bedroom homes increased by 474.7%.
Median Sold Price Compared To Nearby Cities
Ida | $225K | $267.4K | +18.9% |
Ida Township | $225K | $259.9K | +15.5% |
Raisinville Township | $240.6K | $258.5K | +7.4% |
Dundee Township | $300K | $295K | -1.7% |
Temperance | $259.9K | $255K | -1.9% |
Housing Supply in Ida Township, MI
How many homes are available in Ida Township, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Summary: The Ida Township real estate market had 10 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ida Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Ida Township in February 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ida Township, MI
How long does it take to sell a home in Ida Township, MI?
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
Summary: During February 2024, 2 homes were sold in Ida Township; 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.