Is Mesick, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Mesick was a Seller's Market.
Housing Prices in Mesick, MI
How much do homes in Mesick, MI cost?
Median Sold Price
$385,000
$149/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Mesick was $385,000 in March 2024, up 317.3% from last month, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $152K | - | N/A |
3 Bedrooms | $32.5K | $385K | +1084.6% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Mesick housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1084.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Mesick, MI
How many homes are available in Mesick, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Summary: The Mesick real estate market had 9 homes for sale in March 2024, a 18.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mesick 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Mesick in March 2024, down by 50.0% 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 Mesick, MI
How long does it take to sell a home in Mesick, MI?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
100 Days | 51 Days | -49.3% |
Summary: Homes in Mesick had an average of 51 days on market in Mar 2024, down by 49.3% compared to last month.
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
Summary: During March 2024, 1 homes were sold in Mesick; 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.