Is Maybee, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Maybee has remained a Seller's Market.
Key Takeaway
Maybee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maybee, MI
How much do homes in Maybee, MI cost?
Median Sold Price
$309,000
$147/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
The sold price of homes in Maybee has remained the same since last month.
Summary: The median home sold price in Maybee was $309,000 in April 2024, down 0.2% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $85K | $280K | +229.4% |
| 4 Bedrooms | $299.9K | $302.9K | +1.0% |
| 5+ Bedrooms | $313.4K | $315.9K | +0.8% |
Summary: Maybee housing prices by bedroom type for April 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 increased by 229.4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in Maybee, MI
How many homes are available in Maybee, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 11 | -38.9% |
Summary: The Maybee real estate market had 11 homes for sale in April 2024, a 38.9% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 8 | 4 | -50.0% |
Summary: The Maybee 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Maybee, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Maybee in April 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Maybee, MI
How long does it take to sell a home in Maybee, MI?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 70 Days | 60 Days | -13.1% |
Summary: Homes in Maybee had an average of 60 days on market in Apr 2024, down by 13.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Maybee has remained consistent over time.
Summary: During April 2024, 7 homes were sold in Maybee; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
