Is Idlewild, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Idlewild was a Seller's Market.
Key Takeaway
Idlewild is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Idlewild, MI
How much do homes in Idlewild, MI cost?
Median Sold Price
$125,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Idlewild have sold for 47.2% more than they did a year ago.
Summary: The median home sold price in Idlewild was $125,000 in March 2024, up 47.2% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $81K | $155K | +91.2% |
| 2 Bedrooms | $87.4K | $104K | +18.9% |
| 3 Bedrooms | $75K | - | N/A |
| 4 Bedrooms | - | $125K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Idlewild housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 91.2%, 2 bedroom homes increased by 18.9%, 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
| Idlewild | $84.9K | $125K | +47.2% |
| Pleasant Plains Township | $90K | $125K | +38.9% |
Housing Supply in Idlewild, MI
How many homes are available in Idlewild, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The Idlewild real estate market had 8 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Idlewild 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Idlewild, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Idlewild in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Idlewild, MI
How long does it take to sell a home in Idlewild, MI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Idlewild has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Idlewild; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
