Is Calvin Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Calvin Township was a Neutral Market.
Key Takeaway
Calvin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Calvin Township, MI
How much do homes in Calvin Township, MI cost?
Median Sold Price
$445,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Calvin Township have sold for 115% more than they did a year ago.
Summary: The median home sold price in Calvin Township was $445,000 in May 2024, up 115% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $153K | - | N/A |
| 3 Bedrooms | $295K | $239K | -19.0% |
| 4 Bedrooms | $174K | $580K | +233.3% |
| 5+ Bedrooms | $330K | $1.5M | +369.7% |
Summary: Calvin Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 233.3%, and 5+ bedroom homes increased by 369.7%.
Median Sold Price Compared To Nearby Cities
| Calvin Township | $207K | $445K | +115.0% |
| Porter Township | $393.2K | $399K | +1.5% |
| Jefferson Township | $286K | $270.7K | -5.3% |
Housing Supply in Calvin Township, MI
How many homes are available in Calvin Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Calvin Township real estate market had 3 homes for sale in May 2024, a 25.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Calvin Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Calvin Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Calvin Township in May 2024, the same as the previous 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 Calvin Township, MI
How long does it take to sell a home in Calvin Township, MI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Calvin Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Calvin Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
