Is Luna Pier, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Luna Pier has remained a Seller's Market.
Housing Prices in Luna Pier, MI
How much do homes in Luna Pier, MI cost?
Median Sold Price
$162,500
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Luna Pier was $162,500 in March 2024, up 1.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $149.9K | $162.5K | +8.4% |
3 Bedrooms | $192.5K | $129.9K | -32.5% |
4 Bedrooms | $275K | $169K | -38.5% |
5+ Bedrooms | - | - | N/A |
Summary: Luna Pier housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 32.5%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
La Salle | $183K | $265K | +44.8% |
La Salle Township | $200K | $265K | +32.5% |
Erie | $191.2K | $205K | +7.2% |
Erie Township | $192.5K | $198.5K | +3.1% |
Luna Pier | $160K | $162.5K | +1.6% |
Housing Supply in Luna Pier, MI
How many homes are available in Luna Pier, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Summary: The Luna Pier real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Luna Pier 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Luna Pier in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Luna Pier, MI
How long does it take to sell a home in Luna Pier, MI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Luna Pier; 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.