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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kasson Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kasson Township was a Seller's Market.

Key Takeaway

Kasson Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kasson Township, MI

How much do homes in Kasson Township, MI cost?

Median Sold Price

$372,950

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$214,550(-36.5%)

Key Takeaway

Homes in Kasson Township have sold for 36.5% less than they did a year ago.

Summary: The median home sold price in Kasson Township was $372,950 in November 2024, down 36.5% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $260K$342.5K
+31.7%
3 $515K$440K
-14.6%
4 $930K$695K
-25.3%
5+ $1.2M$600K
-52.5%

Summary: Kasson Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.7%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes decreased by 52.5%.

Median Sold Price Compared To Nearby Cities

Almira Township
-1.3%
Cedar
-8.7%
Maple City
-29.3%
Kasson Township
-36.5%

Housing Supply in Kasson Township, MI

How many homes are available in Kasson Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The Kasson Township real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 32
-33.3%
5+ 43
-25.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kasson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Kasson Township in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kasson Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
4 Days43 Days+975.0%

Summary: Homes in Kasson Township had an average of 43 days on market in Nov 2024, up by 975% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Kasson Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Kasson Township, MI

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What housing markets are near Kasson Township, MI?