Is Port Sheldon 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, Port Sheldon Township has remained a Seller's Market.
Housing Prices in Port Sheldon Township, MI
How much do homes in Port Sheldon Township, MI cost?
Median Sold Price
$461,750
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Port Sheldon Township was $461,750 in April 2024, up 0.4% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $392K | $320K | -18.4% |
3 Bedrooms | $440K | $455K | +3.4% |
4 Bedrooms | $472.5K | $557.5K | +18.0% |
5+ Bedrooms | $517.5K | $609.2K | +17.7% |
Summary: Port Sheldon 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 18.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 17.7%.
Median Sold Price Compared To Nearby Cities
Olive Township | $333K | $397.5K | +19.4% |
Park Township | $401.2K | $424.9K | +5.9% |
Grand Haven Charter Township | $338.9K | $355K | +4.7% |
Port Sheldon Township | $460K | $461.7K | 0.4% |
West Olive | $449K | $434.9K | -3.1% |
Housing Supply in Port Sheldon Township, MI
How many homes are available in Port Sheldon Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Summary: The Port Sheldon Township real estate market had 17 homes for sale in April 2024, a 13.3% 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 | 1 | 0 | -100.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 2 | 6 | +200.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Port Sheldon 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 decreased by 11.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Port Sheldon Township in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Port Sheldon Township, MI
How long does it take to sell a home in Port Sheldon Township, MI?
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Port Sheldon Township; 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.