Is Kalkaska Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Kalkaska Township has remained a Seller's Market.
Housing Prices in Kalkaska Township, MI
How much do homes in Kalkaska Township, MI cost?
Median Sold Price
$232,500
$189/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Kalkaska Township was $232,500 in March 2024, up 22.4% from last month, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $167.5K | $123.7K | -26.1% |
3 Bedrooms | $220K | $249.9K | +13.6% |
4 Bedrooms | - | $231K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Kalkaska Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.1%, 3 bedroom homes increased by 13.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Clearwater Township | $160K | $301.5K | +88.4% |
Kalkaska | $170K | $232.5K | +36.8% |
Rapid City | $245K | $306K | +24.9% |
Kalkaska Township | $190K | $232.5K | +22.4% |
Housing Supply in Kalkaska Township, MI
How many homes are available in Kalkaska Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 42 | 0.0% |
Summary: The Kalkaska Township real estate market had 42 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 12 | 8 | -33.3% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kalkaska Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Kalkaska Township in March 2024, down by 10.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Kalkaska Township, MI
How long does it take to sell a home in Kalkaska Township, MI?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
102 Days | 64 Days | -36.8% |
Summary: Homes in Kalkaska Township had an average of 64 days on market in Mar 2024, down by 36.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Kalkaska Township; 11% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.