Is Lewiston, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lewiston was a Seller's Market.
Housing Prices in Lewiston, MI
How much do homes in Lewiston, MI cost?
Median Sold Price
$159,900
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lewiston was $159,900 in April 2024, down 3.1% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $94K | -30.4% |
2 Bedrooms | $147.7K | $128K | -13.4% |
3 Bedrooms | $194.5K | $235K | +20.8% |
4 Bedrooms | $335K | $290K | -13.4% |
5+ Bedrooms | - | $454.5K | N/A |
Summary: Lewiston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.4%, 2 bedroom homes decreased by 13.4%, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lovells Township | $162.9K | $259.9K | +59.5% |
Albert Township | $180K | $220K | +22.2% |
Lewiston | $165K | $159.9K | -3.1% |
Greenwood Township | $168K | $158.5K | -5.7% |
Housing Supply in Lewiston, MI
How many homes are available in Lewiston, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 31 | +24.0% |
Summary: The Lewiston real estate market had 31 homes for sale in April 2024, a 24.0% 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 | 4 | 9 | +125.0% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lewiston 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 increased by 125%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lewiston in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Lewiston, MI
We’re sorry, we don't have information for this market at the moment