Is Coe Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Coe Township has remained a Seller's Market.
Housing Prices in Coe Township, MI
How much do homes in Coe Township, MI cost?
Median Sold Price
$199,900
$86/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Coe Township was $199,900 in April 2024, down 35.5% from last month, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $110K | N/A |
3 Bedrooms | $319.9K | $199.9K | -37.5% |
4 Bedrooms | $70.5K | $243K | +244.7% |
5+ Bedrooms | - | - | N/A |
Summary: Coe Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 244.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Chippewa Township | $139.9K | $204.5K | +46.2% |
Jasper Township | $123K | $109.9K | -10.6% |
Coe Township | $310K | $199.9K | -35.5% |
Shepherd | $319.9K | $154.9K | -51.6% |
Housing Supply in Coe Township, MI
How many homes are available in Coe Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Summary: The Coe Township real estate market had 6 homes for sale in April 2024, a 25.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Coe Township housing inventory by bedroom type for April 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 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Coe Township in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Coe Township, MI
How long does it take to sell a home in Coe Township, MI?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 32 Days | +164.9% |
Summary: Homes in Coe Township had an average of 32 days on market in Apr 2024, up by 164.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Coe Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.