Is North End, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North End was a Seller's Market.
Housing Prices in North End, MI
How much do homes in North End, MI cost?
Median Sold Price
$237,450
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North End was $237,450 in April 2024, up 19.2% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $300K | -20.0% |
2 Bedrooms | $288K | $383.7K | +33.2% |
3 Bedrooms | $149K | $215K | +44.3% |
4 Bedrooms | $140K | $240K | +71.4% |
5+ Bedrooms | $177.5K | $130K | -26.8% |
Summary: North End housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 33.2%, 3 bedroom homes increased by 44.3%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 26.8%.
Median Sold Price Compared To Nearby Neighborhoods
North End | $199.1K | $237.4K | +19.2% |
Middle Woodward | $250K | $212.5K | -15.0% |
Housing Supply in North End, MI
How many homes are available in North End, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 34 | +21.4% |
Summary: The North End real estate market had 34 homes for sale in April 2024, a 21.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The North End housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in North End in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for North End, MI
How long does it take to sell a home in North End, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
137 Days | 9 Days | -93.4% |
Summary: Homes in North End had an average of 9 days on market in Apr 2024, down by 93.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in North End; 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.