Is Isabella Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Isabella Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Isabella Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Isabella Township, MI

How much do homes in Isabella Township, MI cost?

Median Sold Price

$274,000

$164/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$155,500(+131.2%)

Key Takeaway

Homes in Isabella Township have sold for 131.2% more than they did a month ago.

Summary: The median home sold price in Isabella Township was $274,000 in September 2024, up 131.2% from last month, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $110K-
N/A
3 $127K$274K
+115.7%
4 --
N/A
5+ --
N/A

Summary: Isabella Township housing prices by bedroom type for September 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 115.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Isabella Township
+131.2%
Rosebush
+113.5%

Housing Supply in Isabella Township, MI

How many homes are available in Isabella Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
87-12.5%

Summary: The Isabella Township real estate market had 7 homes for sale in September 2024, a 12.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 43
-25.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Isabella Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Isabella Township, 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 Isabella Township in September 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Isabella Township, MI

How long does it take to sell a home in Isabella Township, MI?

Average Sale Time

Aug 2024Sep 2024CHANGE
117 Days85 Days-26.9%

Summary: Homes in Isabella Township had an average of 85 days on market in Sep 2024, down by 26.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Isabella Township has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Isabella Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 30 Days Ago

Newest Listings in Isabella Township, MI

Nearby Markets to Isabella Township, MI

What housing markets are near Isabella Township, MI?