Is White Cloud, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Cloud is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, White Cloud has remained a Seller's Market.

Key Takeaway

White Cloud is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in White Cloud, MI

How much do homes in White Cloud, MI cost?

Median Sold Price

$175,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$26,750(-13.3%)

Key Takeaway

Homes in White Cloud have sold for 13.3% less than they did a year ago.

Summary: The median home sold price in White Cloud was $175,000 in September 2024, down 13.3% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $125K$134K
+7.2%
2 $204K$175K
-14.2%
3 $199.5K$163K
-18.3%
4 $191.5K$299.9K
+56.6%
5+ $320K$625K
+95.3%

Summary: White Cloud housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes decreased by 14.2%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 56.6%, and 5+ bedroom homes increased by 95.3%.

Housing Supply in White Cloud, MI

How many homes are available in White Cloud, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4448+9.1%

Summary: The White Cloud real estate market had 48 homes for sale in September 2024, a 9.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 56
+20.0%
2 1520
+33.3%
3 1514
-6.7%
4 76
-14.3%
5+ 22
0.0%

Summary: The White Cloud housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Cloud, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in White Cloud in September 2024, down by 25.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for White Cloud, MI

How long does it take to sell a home in White Cloud, MI?

Average Sale Time

Sep 2023Sep 2024CHANGE
24 Days37 Days+50.2%

Summary: Homes in White Cloud had an average of 37 days on market in Sep 2024, up by 50.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in White Cloud are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 9 homes were sold in White Cloud; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

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