Is Almena Township, 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, Almena Township has remained a Buyer's Market.
Key Takeaway
Almena Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Almena Township, MI
How much do homes in Almena Township, MI cost?
Median Sold Price
$327,450
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Almena Township have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Almena Township was $327,450 in April 2024, up 5.6% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $85K | $250K | +194.1% |
| 3 Bedrooms | $272K | $282K | +3.7% |
| 4 Bedrooms | $460.9K | $355.2K | -22.9% |
| 5+ Bedrooms | $481.2K | $449.9K | -6.5% |
Summary: Almena Township 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 194.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Almena Township | $310K | $327.4K | +5.6% |
| Oshtemo Charter Township | $320K | $324.9K | +1.5% |
| Pine Grove Township | $256.5K | $239.9K | -6.5% |
Housing Supply in Almena Township, MI
How many homes are available in Almena Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Almena Township real estate market had 13 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 | 2 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Almena Township 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
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 Almena 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 Almena Township in April 2024, down by 87.5% 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 Almena Township, MI
How long does it take to sell a home in Almena Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 158 Days | 60 Days | -62.0% |
Summary: Homes in Almena Township had an average of 60 days on market in Apr 2024, down by 62% 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
Key Takeaway
Avg time on Rocket Homes in Almena Township has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Almena Township; 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.
