$7,836 Closing Credit*
$659,900
1,872 SqFt
4 Beds
•3 Full Baths
Mitzi L Krause, Listing Office: Century 21 Affiliated
Is Marcellus Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Marcellus Township has remained a Seller's Market.
Key Takeaway
Marcellus Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marcellus Township, MI
How much do homes in Marcellus Township, MI cost?
Median Sold Price
$203,450
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$23,450(+13.0%)
Key Takeaway
Homes in Marcellus Township have sold for 13% more than they did a year ago.
Summary: The median home sold price in Marcellus Township was $203,450 in September 2024, up 13% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $114K | -34.9% |
| 2 Bedrooms | $150K | $169.9K | +13.3% |
| 3 Bedrooms | $179K | $222.5K | +24.3% |
| 4 Bedrooms | $325K | $199.9K | -38.5% |
| 5+ Bedrooms | - | $403K | N/A |
Summary: Marcellus Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.9%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 24.3%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Marcellus Township | $180K | $203.4K | +13.0% |
| Marcellus | $180K | $203.4K | +13.0% |
| Porter Township | $385K | $331.1K | -14.0% |
Housing Supply in Marcellus Township, MI
How many homes are available in Marcellus Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The Marcellus Township real estate market had 16 homes for sale in September 2024, a 5.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Marcellus Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marcellus Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Marcellus Township in September 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Marcellus Township, MI
How long does it take to sell a home in Marcellus Township, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 39 Days | 10 Days | -73.7% |
Summary: Homes in Marcellus Township had an average of 10 days on market in Sep 2024, down by 73.7% compared to last year.
Breakdown of Home Sale Times
4 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 Marcellus Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Marcellus 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.
