Is Six Lakes, 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, Six Lakes has remained a Seller's Market.
Housing Prices in Six Lakes, MI
How much do homes in Six Lakes, MI cost?
Median Sold Price
$170,000
$161/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Six Lakes was $170,000 in April 2024, up 31.3% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $220K | N/A |
3 Bedrooms | $109K | $150K | +37.6% |
4 Bedrooms | $150K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Six Lakes 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 37.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Douglass Township | $175K | $232K | +32.6% |
Six Lakes | $129.5K | $170K | +31.3% |
Cato Township | $160K | $155K | -3.1% |
Housing Supply in Six Lakes, MI
How many homes are available in Six Lakes, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Summary: The Six Lakes real estate market had 9 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 | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Six Lakes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Six Lakes in April 2024, up by 150.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Six Lakes, MI
How long does it take to sell a home in Six Lakes, MI?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 12 Days | -80.8% |
Summary: Homes in Six Lakes had an average of 12 days on market in Apr 2024, down by 80.8% compared to last month.
Breakdown of Home Sale Times
5 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, 5 homes were sold in Six Lakes; 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.