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Allendale Charter Township Housing Market Report December 2024•Ottawa County, Michigan
Housing Prices in Allendale Charter Township, MI
How much do homes in Allendale Charter Township, MI cost?
Housing Market Conditions
Is Allendale Charter Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Allendale Charter Township is a Seller's Market
Difference Since December 2023
At the same time last year, Allendale Charter Township was a Neutral Market.
Allendale Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Allendale Charter Township have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Allendale Charter Township was $415,000 in December 2024, up 13.5% from last year, and the median price per square foot was $196.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Allendale | $365.7K | $415K | +13.5% |
Allendale Charter Township | $365.7K | $415K | +13.5% |
Marne | $331K | $373K | +12.7% |
Tallmadge Charter Township | $442K | $385K | -12.9% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $360K | $317.5K | -11.8% |
22 Bedrooms | $344K | $375K | +9.0% |
33 Bedrooms | $362.4K | $385K | +6.2% |
44 Bedrooms | $364.9K | $430K | +17.8% |
55+ Bedrooms | $447K | $551K | +23.3% |
Summary: Allendale Charter Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -11.8%. The home price for 2 bedroom homes increased by +9.0%. The home price for 3 bedroom homes increased by +6.2%. The home price for 4 bedroom homes increased by +17.8%. The home price for 5 bedroom homes increased by +23.3%.
Housing supply in Allendale Charter Township, MI
How many homes are available in Allendale Charter Township, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
63Last MonthDec 2024 | ||
702 months agoNov 2024 | -10.0 % Change MoMNov – Dec |
Summary: The Allendale Charter Township real estate market had 63 homes for sale in Dec 2024, a 10.0 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
16Last MonthDec 2024 | ||
162 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 3 | 5 | +66.7% |
33 Bedrooms | 23 | 16 | -30.4% |
44 Bedrooms | 33 | 34 | +3.0% |
55+ Bedrooms | 11 | 8 | -27.3% |
Summary: Allendale Charter Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +66.7%. The inventory for 3 bedroom homes decreased by -30.4%. The inventory for 4 bedroom homes increased by +3.0%. The inventory for 5 bedroom homes decreased by -27.3%.
Asking Price vs. Sold Price
How much do homes in Allendale Charter Township, MI cost?
Over Asking Price3 Homes
At Asking Price6 Homes
Under Asking Price7 Homes
If you're buying a home in Allendale Charter Township, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Allendale Charter Township in December 2024, the same as the previous month. Of the 16 sold homes, 44% were sold under asking, 38% were sold at asking, and and 19% were sold over asking.
Days on Market for Allendale Charter Township, MI
How long does it take to sell a home in Allendale Charter Township, MI?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days6 Homes
Over 90 Days2 Homes
Many homes in Allendale Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 16 homes were sold in Allendale Charter 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.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
37 DaysThis YearDec 2024 | ||
54 Days1 year agoDec 2023 | -32.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Allendale Charter Township had an average listing age of 37 days in Dec 2024, down by 32.1% compared to the previous year.
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Newest Listings in Allendale Charter Township, MI
What homes are available in Allendale Charter Township, MI?
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MLS Disclaimers and Copyright
Based on information from Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.