Is Trufant, 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, Trufant has remained a Seller's Market.
Housing Prices in Trufant, MI
How much do homes in Trufant, MI cost?
Median Sold Price
$278,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Trufant was $278,000 in April 2024, up 15.9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $47K | N/A |
2 Bedrooms | $175K | $189.9K | +8.5% |
3 Bedrooms | $275K | $289.9K | +5.4% |
4 Bedrooms | $185.5K | $210K | +13.2% |
5+ Bedrooms | $503K | $620K | +23.3% |
Summary: Trufant 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 8.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 23.3%.
Median Sold Price Compared To Nearby Cities
Pine Township | $250K | $290.4K | +16.2% |
Trufant | $239.9K | $278K | +15.9% |
Maple Valley Township | $202.5K | $230K | +13.6% |
Gowen | $290K | $250K | -13.8% |
Housing Supply in Trufant, MI
How many homes are available in Trufant, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Summary: The Trufant real estate market had 4 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Trufant 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Trufant in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Trufant, MI
How long does it take to sell a home in Trufant, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 51 Days | +88.9% |
Summary: Homes in Trufant had an average of 51 days on market in Apr 2024, up by 88.9% 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 Trufant; 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.