Is Almira Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Almira Township was a Buyer's Market.
Housing Prices in Almira Township, MI
How much do homes in Almira Township, MI cost?
Median Sold Price
$382,500
$192/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Almira Township was $382,500 in May 2024, down 7.8% from last month, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $382.5K | N/A |
4 Bedrooms | $415K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Almira Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Almira Township | $415K | $382.5K | -7.8% |
Lake Ann | $415K | $345K | -16.9% |
Housing Supply in Almira Township, MI
How many homes are available in Almira Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Summary: The Almira Township real estate market had 13 homes for sale in May 2024, a 44.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Almira Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Almira Township in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Almira Township, MI
How long does it take to sell a home in Almira Township, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
72 Days | 80 Days | +12.2% |
Summary: Homes in Almira Township had an average of 80 days on market in May 2024, up by 12.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Almira Township; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.