Is Manton, 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, Manton has remained a Seller's Market.
Housing Prices in Manton, MI
How much do homes in Manton, MI cost?
Median Sold Price
$245,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Manton was $245,000 in March 2024, up 25.6% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $95K | N/A |
2 Bedrooms | $146.2K | $349K | +138.6% |
3 Bedrooms | $129.8K | $232.9K | +79.4% |
4 Bedrooms | $252.4K | $349.9K | +38.6% |
5+ Bedrooms | - | $347.5K | N/A |
Summary: Manton 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 138.6%, 3 bedroom homes increased by 79.4%, 4 bedroom homes increased by 38.6%, and 5+ bedroom homes did not change.
Housing Supply in Manton, MI
How many homes are available in Manton, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Summary: The Manton real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 3 | 5 | +66.7% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Manton 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 increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Manton in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Manton, MI
How long does it take to sell a home in Manton, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 70 Days | +23.4% |
Summary: Homes in Manton had an average of 70 days on market in Mar 2024, up by 23.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Manton; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.