Is North Street, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Street is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, North Street was a Seller's Market.

Key Takeaway

North Street is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in North Street, MI

How much do homes in North Street, MI cost?

Median Sold Price

$249,950

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$50(0%)

Key Takeaway

The sold price of homes in North Street has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $152.5K$189.9K
+24.6%
3 $267K$247.8K
-7.2%
4 $254K$303.9K
+19.7%
5+ --
N/A

Summary: North Street 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 24.6%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fort Gratiot
+12.9%
Fort Gratiot Charter Township
+9.4%
Port Huron Charter Township
+8.4%
North Street
0%
Clyde Township
0%

Housing Supply in North Street, MI

How many homes are available in North Street, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
612+100.0%

Summary: The North Street real estate market had 12 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 26
+200.0%
4 35
+66.7%
5+ 11
0.0%

Summary: The North Street 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 increased by 200%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Street, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in North Street in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for North Street, MI

How long does it take to sell a home in North Street, MI?

Average Sale Time

Apr 2023Apr 2024CHANGE
161 Days27 Days-82.9%

Summary: Homes in North Street had an average of 27 days on market in Apr 2024, down by 82.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Street are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in North Street; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

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