Is Marne, 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, Marne has remained a Seller's Market.
Housing Prices in Marne, MI
How much do homes in Marne, MI cost?
Median Sold Price
$331,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marne was $331,000 in April 2024, down 6.8% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $449.9K | $382.5K | -15.0% |
3 Bedrooms | $310K | $293.7K | -5.2% |
4 Bedrooms | $355K | $423K | +19.2% |
5+ Bedrooms | $910K | $470K | -48.4% |
Summary: Marne 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 15%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes decreased by 48.4%.
Median Sold Price Compared To Nearby Cities
Tallmadge Charter Township | $357.5K | $415K | +16.1% |
Allendale Charter Township | $360K | $380K | +5.6% |
Marne | $355K | $331K | -6.8% |
Housing Supply in Marne, MI
How many homes are available in Marne, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Summary: The Marne real estate market had 3 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 | 1 | 0 | -100.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Marne 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 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 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
Summary: A total of 1 homes were sold or pending in Marne in April 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 Marne, MI
How long does it take to sell a home in Marne, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
254 Days | 5 Days | -98.0% |
Summary: Homes in Marne had an average of 5 days on market in Apr 2024, down by 98% compared to last year.
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
Summary: During April 2024, 1 homes were sold in Marne; 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.