Is Kimball 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, Kimball Township has remained a Seller's Market.
Key Takeaway
Kimball Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kimball Township, MI
How much do homes in Kimball Township, MI cost?
Median Sold Price
$234,950
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kimball Township have sold for 24.3% more than they did a year ago.
Summary: The median home sold price in Kimball Township was $234,950 in April 2024, up 24.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $18K | N/A |
| 2 Bedrooms | $149.9K | $139.9K | -6.7% |
| 3 Bedrooms | $202.5K | $229K | +13.1% |
| 4 Bedrooms | $210K | $277.5K | +32.1% |
| 5+ Bedrooms | $380K | $299.9K | -21.1% |
Summary: Kimball 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 decreased by 6.7%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes decreased by 21.1%.
Median Sold Price Compared To Nearby Cities
| Kimball Township | $189K | $234.9K | +24.3% |
| Smiths Creek | $189K | $234.9K | +24.3% |
| Port Huron Charter Township | $143K | $155K | +8.4% |
| Marysville | $206K | $216K | +4.9% |
| North Street | $250K | $249.9K | 0% |
Housing Supply in Kimball Township, MI
How many homes are available in Kimball Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Summary: The Kimball Township real estate market had 22 homes for sale in April 2024, a 15.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Kimball 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kimball Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Kimball Township in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Kimball Township, MI
How long does it take to sell a home in Kimball Township, MI?
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kimball Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Kimball Township; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.