Is Kalkaska 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, Kalkaska County has remained a Buyer's Market.
Housing Prices in Kalkaska County, MI
How much do homes in Kalkaska County, MI cost?
Median Sold Price
$258,100
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kalkaska County was $258,100 in April 2024, up 17.3% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $124.4K | $115K | -7.6% |
2 Bedrooms | $156.1K | $213.6K | +36.8% |
3 Bedrooms | $269.9K | $259.9K | -3.7% |
4 Bedrooms | $260K | $330K | +26.9% |
5+ Bedrooms | $270.2K | $388K | +43.6% |
Summary: Kalkaska County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 36.8%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 43.6%.
Median Sold Price Compared To Nearby Counties
Antrim County | $252K | $305K | +21.0% |
Kalkaska County | $220K | $258.1K | +17.3% |
Crawford County | $170K | $199.1K | +17.1% |
Missaukee County | $183.7K | $215K | +17.0% |
Housing Supply in Kalkaska County, MI
How many homes are available in Kalkaska County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 100 | +23.5% |
Summary: The Kalkaska County real estate market had 100 homes for sale in April 2024, a 23.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 8 | +33.3% |
2 Bedrooms | 16 | 21 | +31.3% |
3 Bedrooms | 39 | 46 | +17.9% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Kalkaska County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 12 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Kalkaska County in April 2024, down by 40.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Kalkaska County, MI
How long does it take to sell a home in Kalkaska County, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 77 Days | +135.3% |
Summary: Homes in Kalkaska County had an average of 77 days on market in Apr 2024, up by 135.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Kalkaska County; 25% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.