Is Conner, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Conner was a Seller's Market.
Housing Prices in Conner, MI
How much do homes in Conner, MI cost?
Median Sold Price
$52,500
$43/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Conner was $52,500 in May 2024, up 6.1% from last year, and the median price per square foot was $43.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $5K | N/A |
2 Bedrooms | $31.2K | $35K | +12.0% |
3 Bedrooms | $51K | $57K | +11.8% |
4 Bedrooms | $44.6K | $81.6K | +82.8% |
5+ Bedrooms | $85K | $55K | -35.3% |
Summary: Conner housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 82.8%, and 5+ bedroom homes decreased by 35.3%.
Median Sold Price Compared To Nearby Neighborhoods
Von Steuben | $47K | $55K | +17.0% |
Upper East | $50K | $55.6K | +11.3% |
Conner | $49.5K | $52.5K | +6.1% |
Housing Supply in Conner, MI
How many homes are available in Conner, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
70 | 80 | +14.3% |
Summary: The Conner real estate market had 80 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 17 | +13.3% |
3 Bedrooms | 43 | 45 | +4.7% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Conner housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Conner in May 2024, down by 20.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Conner, MI
How long does it take to sell a home in Conner, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 41 Days | +27.4% |
Summary: Homes in Conner had an average of 41 days on market in May 2024, up by 27.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Conner; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.