Is Mulliken, 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, Mulliken has remained a Seller's Market.
Key Takeaway
Mulliken is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mulliken, MI
How much do homes in Mulliken, MI cost?
Median Sold Price
$195,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mulliken have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Mulliken was $195,000 in March 2024, up 7.1% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $141K | $151K | +7.1% |
| 3 Bedrooms | $184K | $187.5K | +1.9% |
| 4 Bedrooms | $360K | $250K | -30.6% |
| 5+ Bedrooms | $170K | $200K | +17.6% |
Summary: Mulliken 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 7.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes increased by 17.6%.
Median Sold Price Compared To Nearby Cities
| Mulliken | $182K | $195K | +7.1% |
| Danby Township | $242.5K | $247.5K | +2.1% |
Housing Supply in Mulliken, MI
How many homes are available in Mulliken, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Mulliken real estate market had 4 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 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mulliken 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 increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mulliken, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Mulliken in March 2024, up by 100.0% 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 Mulliken, MI
How long does it take to sell a home in Mulliken, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 94 Days | 17 Days | -82.1% |
Summary: Homes in Mulliken had an average of 17 days on market in Mar 2024, down by 82.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mulliken are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Mulliken; 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.