Mundy Township Housing Market Report December 2024Genesee County, Michigan

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Housing Prices in Mundy Township, MI

How much do homes in Mundy Township, MI cost?

Housing Market Conditions

Is Mundy Township, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Mundy Township is a Seller's Market

Difference Since December 2023

Since last year, Mundy Township has remained a Seller's Market.

Insight

Mundy Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$255,000$136/SqFt
+$24,666
+10.7%

Based on all homes sold in the last 12 months

Insight

Homes in Mundy Township have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Mundy Township was $255,000 in December 2024, up 10.7% from last year, and the median price per square foot was $136.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Mundy Township
+10.7%
Grand Blanc Charter Township
+5.5%
Burton
+3.5%
Flint Charter Township
+0.9%
Flint
-0.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$70K-
N/A
2$177.5K$190K
+7.0%
3$230K$255K
+10.9%
4$299.9K$294.9K
-1.6%
5$286.4K$407.4K
+42.2%

Summary: Mundy Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +7.0%. The home price for 3 bedroom homes increased by +10.9%. The home price for 4 bedroom homes decreased by -1.6%. The home price for 5 bedroom homes increased by +42.2%.

Housing supply in Mundy Township, MI

How many homes are available in Mundy Township, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
61Last MonthDec 2024
822 months agoNov 2024
-25.6 %
Change MoMNov – Dec

Summary: The Mundy Township real estate market had 61 homes for sale in Dec 2024, a 25.6 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
14Last MonthDec 2024
222 months agoNov 2024
-36.4 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
2128
-33.3%
34533
-26.7%
42218
-18.2%
532
-33.3%

Summary: Mundy 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 decreased by -33.3%. The inventory for 3 bedroom homes decreased by -26.7%. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes decreased by -33.3%.

Asking Price vs. Sold Price

How much do homes in Mundy Township, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price3 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in Mundy Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Mundy Township in December 2024, down by 36.4% month-over-month. Of the 14 sold homes, 50% were sold under asking, 21% were sold at asking, and and 29% were sold over asking.

Days on Market for Mundy Township, MI

How long does it take to sell a home in Mundy Township, MI?

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days5 Homes

Over 90 Days4 Homes

Insight

Many homes in Mundy Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 14 homes were sold in Mundy Township; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
58 DaysThis YearDec 2024
31 Days1 year agoDec 2023
+85.9 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Mundy Township had an average listing age of 58 days in Dec 2024, up by 85.9% compared to the previous year.

Newest Listings in Mundy Township, MI

What homes are available in Mundy Township, MI?

MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., and Greater Lansing MLS for the period 01/01/2023 - 01/01/2025

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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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.
IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
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, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.