Is Charlevoix County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Charlevoix County has remained a Seller's Market.
Housing Prices in Charlevoix County, MI
How much do homes in Charlevoix County, MI cost?
Median Sold Price
$350,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Charlevoix County was $350,000 in April 2024, up 5.7% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $188.5K | $150K | -20.4% |
2 Bedrooms | $265K | $260K | -1.9% |
3 Bedrooms | $310K | $335K | +8.1% |
4 Bedrooms | $442.5K | $490K | +10.7% |
5+ Bedrooms | $915K | $975K | +6.6% |
Summary: Charlevoix County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.4%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Counties
Antrim County | $252K | $305K | +21.0% |
Cheboygan County | $200K | $230K | +15.0% |
Charlevoix County | $331.2K | $350K | +5.7% |
Otsego County | $233.9K | $246.4K | +5.3% |
Emmet County | $407.7K | $427.9K | +5.0% |
Housing Supply in Charlevoix County, MI
How many homes are available in Charlevoix County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
117 | 125 | +6.8% |
Summary: The Charlevoix County real estate market had 125 homes for sale in April 2024, a 6.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 21 | 25 | +19.0% |
3 Bedrooms | 51 | 52 | +2.0% |
4 Bedrooms | 21 | 26 | +23.8% |
5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The Charlevoix County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 28 | -12.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Charlevoix County in April 2024, down by 12.5% month-over-month. Of the 28 sold homes, 46% were sold under asking, 29% were sold at asking, and 25% were sold over asking.
Days on Market for Charlevoix County, MI
How long does it take to sell a home in Charlevoix County, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 69 Days | +19.0% |
Summary: Homes in Charlevoix County had an average of 69 days on market in Apr 2024, up by 19% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Charlevoix County; 0% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.