Is Leslie Township, 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, Leslie Township was a Seller's Market.
Key Takeaway
Leslie Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Leslie Township, MI
How much do homes in Leslie Township, MI cost?
Median Sold Price
$199,900
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Leslie Township have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in Leslie Township was $199,900 in March 2024, down 6.6% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68.7K | $107K | +55.6% |
| 2 Bedrooms | $159.9K | $137.5K | -14.0% |
| 3 Bedrooms | $199K | $195K | -2.0% |
| 4 Bedrooms | $265K | $232.5K | -12.3% |
| 5+ Bedrooms | $147.2K | $319.9K | +117.3% |
Summary: Leslie Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.6%, 2 bedroom homes decreased by 14%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes increased by 117.3%.
Median Sold Price Compared To Nearby Cities
| Rives Junction | $255K | $265K | +3.9% |
| Leslie | $194.8K | $199.9K | +2.6% |
| Leslie Township | $214K | $199.9K | -6.6% |
Housing Supply in Leslie Township, MI
How many homes are available in Leslie Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Leslie Township real estate market had 12 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 | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Leslie Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leslie 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 Leslie Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Leslie Township, MI
How long does it take to sell a home in Leslie Township, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 2 Days | -95.6% |
Summary: Homes in Leslie Township had an average of 2 days on market in Mar 2024, down by 95.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leslie Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Leslie Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.