Is Matteson Township, 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, Matteson Township was a Seller's Market.
Housing Prices in Matteson Township, MI
How much do homes in Matteson Township, MI cost?
Median Sold Price
$191,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Matteson Township was $191,500 in April 2024, down 30.1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $187K | -8.8% |
2 Bedrooms | $194K | $195K | 0.5% |
3 Bedrooms | $285K | $190K | -33.3% |
4 Bedrooms | $257.5K | $234.9K | -8.8% |
5+ Bedrooms | $500K | $222K | -55.6% |
Summary: Matteson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 55.6%.
Median Sold Price Compared To Nearby Cities
Bronson Township | $157.2K | $185.9K | +18.3% |
Colon Township | $173K | $194.5K | +12.4% |
Sherwood Township | $192.9K | $169.9K | -11.9% |
Matteson Township | $274K | $191.5K | -30.1% |
Housing Supply in Matteson Township, MI
How many homes are available in Matteson Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Summary: The Matteson Township real estate market had 6 homes for sale in April 2024, a 25.0% decrease 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 | 3 | 4 | +33.3% |
3 Bedrooms | 4 | 1 | -75.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Matteson Township 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 33.3%, 3 bedroom homes decreased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Matteson Township in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Matteson Township, MI
How long does it take to sell a home in Matteson Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
100 Days | 42 Days | -58.3% |
Summary: Homes in Matteson Township had an average of 42 days on market in Apr 2024, down by 58.3% 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 Matteson Township; 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.