Is Yale, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yale is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Yale has remained a Seller's Market.

Key Takeaway

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

How much do homes in Yale, MI cost?

Median Sold Price

$134,900

$111/sqft

Based on all homes sold in July 2022.

Difference Since Last Month

-$21,100(-13.5%)

Key Takeaway

Homes in Yale have sold for 13.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJun 2022Jul 2022%
1 --
N/A
2 $163.5K$134.9K
-17.5%
3 $156K-
N/A
4 -$164.5K
N/A
5+ --
N/A

How many homes are available in Yale, MI?

Number of Homes For Sale

Jun 2022Jul 2022%
1110-9.1%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 32
-33.3%
3 34
+33.3%
4 54
-20.0%
5+ 00
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jun 2022Jul 2022%
3 Days70 Days+1827.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Yale, MI

Number of homes for sale in Yale, MI real estate market have reached 10. Between June 2022 and July 2022, Yale, MI real estate market has seen decrease in the number of listings by 9.1%. Listings spent 70 days on the market in July 2022, and had a median list price of $134,900 during the same period. Between July 2021 and July 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices decreased by 17.5%, the cost of 3 bedrooms properties went up by 0%, 4 bedrooms properties became 0% more expensive, 5 bedrooms properties became 0% more expensive. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 33.3%, number of 3 bedrooms homes increased by 33.3%, number of 4 bedrooms homes decreased by 20%, volume of 5 bedrooms homes stayed the same. In July 2022 more than 0 listings in Yale, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below.