Is White Cloud, 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, White Cloud has remained a Seller's Market.
Housing Prices in White Cloud, MI
How much do homes in White Cloud, MI cost?
Median Sold Price
$191,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in White Cloud was $191,500 in March 2024, up 18.9% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $100.7K | -19.4% |
2 Bedrooms | $165K | $150K | -9.1% |
3 Bedrooms | $160K | $215K | +34.4% |
4 Bedrooms | $255K | $207.5K | -18.6% |
5+ Bedrooms | $315K | $500K | +58.7% |
Summary: White Cloud housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.4%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 34.4%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes increased by 58.7%.
Housing Supply in White Cloud, MI
How many homes are available in White Cloud, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 23 | +27.8% |
Summary: The White Cloud real estate market had 23 homes for sale in March 2024, a 27.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The White Cloud 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 increased by 40%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in White Cloud in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 54 Days | -41.2% |
Summary: Homes in White Cloud had an average of 54 days on market in Mar 2024, down by 41.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in White Cloud; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.