Is Fiskorn, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fiskorn has remained a Seller's Market.
Key Takeaway
Fiskorn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fiskorn, MI
How much do homes in Fiskorn, MI cost?
Median Sold Price
$50,000
$48/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Fiskorn have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Fiskorn was $50,000 in May 2024, down 1.5% from last year, and the median price per square foot was $48.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $40K | $46K | +15.0% |
| 3 Bedrooms | $52K | $50K | -3.8% |
| 4 Bedrooms | $68K | $100K | +47.1% |
| 5+ Bedrooms | $90K | $177K | +96.7% |
Summary: Fiskorn 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 15%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 47.1%, and 5+ bedroom homes increased by 96.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Barton-McFarland | $46.2K | $63K | +36.2% |
| West Central | $55.4K | $65K | +17.2% |
| Grandale / Brooks | $55K | $60K | +9.1% |
| Fiskorn | $50.7K | $50K | -1.5% |
Housing Supply in Fiskorn, MI
How many homes are available in Fiskorn, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Summary: The Fiskorn real estate market had 32 homes for sale in May 2024, a 8.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fiskorn 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 decreased by 8.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fiskorn, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Fiskorn in May 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Fiskorn, MI
How long does it take to sell a home in Fiskorn, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 58 Days | 39 Days | -33.2% |
Summary: Homes in Fiskorn had an average of 39 days on market in May 2024, down by 33.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fiskorn has remained consistent over time.
Summary: During May 2024, 7 homes were sold in Fiskorn; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.