Is La Salle, 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, La Salle has remained a Neutral Market.
Housing Prices in La Salle, MI
How much do homes in La Salle, MI cost?
Median Sold Price
$256,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in La Salle was $256,000 in April 2024, up 39.3% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $112K | N/A |
2 Bedrooms | $144.2K | $181K | +25.5% |
3 Bedrooms | $187.5K | $240K | +28.0% |
4 Bedrooms | $200K | $305K | +52.5% |
5+ Bedrooms | $253K | $330K | +30.4% |
Summary: La Salle housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 52.5%, and 5+ bedroom homes increased by 30.4%.
Median Sold Price Compared To Nearby Cities
La Salle | $183.7K | $256K | +39.3% |
Monroe Charter Township | $180.3K | $209.9K | +16.5% |
La Salle Township | $223.5K | $259K | +15.9% |
Luna Pier | $155K | $162.5K | +4.8% |
Housing Supply in La Salle, MI
How many homes are available in La Salle, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Summary: The La Salle real estate market had 5 homes for sale in April 2024, a 25.0% increase 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 | 2 | 2 | 0.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The La Salle 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in La Salle in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for La Salle, MI
How long does it take to sell a home in La Salle, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 66 Days | +325.8% |
Summary: Homes in La Salle had an average of 66 days on market in Apr 2024, up by 325.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in La Salle; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.