Is Sodus, 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, Sodus has remained a Seller's Market.
Housing Prices in Sodus, MI
How much do homes in Sodus, MI cost?
Median Sold Price
$201,500
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sodus was $201,500 in March 2024, down 20.8% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $89K | N/A |
2 Bedrooms | $205K | $255K | +24.4% |
3 Bedrooms | $252.6K | $192.5K | -23.8% |
4 Bedrooms | - | $192.5K | N/A |
5+ Bedrooms | $352K | $122.5K | -65.2% |
Summary: Sodus 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 24.4%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 65.2%.
Median Sold Price Compared To Nearby Cities
Royalton Township | $385K | $415K | +7.8% |
Oronoko Charter Township | $265K | $278K | +4.9% |
Sodus Township | $254.3K | $210K | -17.4% |
Sodus | $254.3K | $201.5K | -20.8% |
Housing Supply in Sodus, MI
How many homes are available in Sodus, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Summary: The Sodus real estate market had 3 homes for sale in March 2024, a 40.0% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 1 | -66.7% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sodus 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 decreased by 66.7%, 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
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Sodus in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Sodus, MI
How long does it take to sell a home in Sodus, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 63 Days | +207.3% |
Summary: Homes in Sodus had an average of 63 days on market in Mar 2024, up by 207.3% compared to last year.
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 Sodus; 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.