Is Smiths Creek, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Smiths Creek has remained a Seller's Market.
Housing Prices in Smiths Creek, MI
How much do homes in Smiths Creek, MI cost?
Median Sold Price
$215,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Smiths Creek was $215,000 in June 2024, up 2.4% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $18K | N/A |
2 Bedrooms | $134K | $174.9K | +30.5% |
3 Bedrooms | $228.5K | $217.5K | -4.8% |
4 Bedrooms | $226.2K | $274.9K | +21.6% |
5+ Bedrooms | $372.5K | - | N/A |
Summary: Smiths Creek housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
North Street | $230K | $249.9K | +8.7% |
Port Huron Charter Township | $145K | $154.9K | +6.9% |
Marysville | $212K | $218.5K | +3.1% |
Smiths Creek | $210K | $215K | +2.4% |
Kimball Township | $210K | $215K | +2.4% |
Housing Supply in Smiths Creek, MI
How many homes are available in Smiths Creek, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Summary: The Smiths Creek real estate market had 15 homes for sale in June 2024, a 15.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Smiths Creek housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Smiths Creek in June 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Smiths Creek, MI
How long does it take to sell a home in Smiths Creek, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
78 Days | 15 Days | -80.3% |
Summary: Homes in Smiths Creek had an average of 15 days on market in Jun 2024, down by 80.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in Smiths Creek; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.