Housing Prices in Alger, MI
How much do homes in Alger, MI cost?
Median List Price
$134,995
$121/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Alger was $134,995 in May 2024, up 6% from the previous year, and the median price per square foot was $121.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $95K | N/A |
2 Bedrooms | $82K | $107K | +30.5% |
3 Bedrooms | $145K | $142.4K | -1.8% |
4 Bedrooms | $189K | $379K | +100.5% |
5+ Bedrooms | - | $4.1M | N/A |
Summary: Alger 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 increased by 30.5%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 100.5%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
Moffatt Township | $85K | $150K | +76.5% |
Horton Township | $234.9K | $299.9K | +27.6% |
Alger | $127.4K | $134.9K | +6.0% |
Housing Supply in Alger, MI
How many homes are available in Alger, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Summary: The Alger real estate market had 18 homes for sale in May 2024, a 28.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 9 | +80.0% |
3 Bedrooms | 6 | 4 | -33.3% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Alger 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 increased by 80%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Days on Market for Alger, MI
How long does it take to sell a home in Alger, MI?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
160 Days | 136 Days | -14.9% |
Summary: Homes in Alger had an average listing age of 136 days in May 2024, down by 14.9% compared to the previous year.