South Arm Township Housing Market Report December 2024Charlevoix County, Michigan

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Housing Prices in South Arm Township, MI

How much do homes in South Arm Township, MI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$450,000$280/SqFt
-$74,500
-14.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in South Arm Township has decreased by 14.2% since last year.

Summary: The median home list price in South Arm Township was $450,000 in December 2024, down 14.2% from the previous year, and the median price per square foot was $280.

Median List Price By City

Median List 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
Wilson Township
+8.2%
East Jordan
+6.6%
Eveline Township
-8.6%
South Arm Township
-14.2%
Echo Township
-26.3%

Median List Price By Bedrooms

Median List 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
2$880K$514.9K
-41.5%
3$268.5K$384.5K
+43.2%
4$799K$298.5K
-62.6%
1$289K$374.5K
+29.6%
5$637K$825K
+29.5%

Summary: South Arm Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes decreased by -41.5%. The home price for 3 bedroom homes increased by +43.2%. The home price for 4 bedroom homes decreased by -62.6%. The home price for 1 bedroom homes increased by +29.6%. The home price for 5 bedroom homes increased by +29.5%.

Housing supply in South Arm Township, MI

How many homes are available in South Arm 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
6Last MonthDec 2024
42 months agoNov 2024
+50.0 %
Change MoMNov – Dec

Summary: The South Arm Township real estate market had 6 homes for sale in Dec 2024, a 50.0 % increase compared to Nov 2024.

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
201
+100.0%
332
-33.3%
401
+100.0%
111
0.0%
501
+100.0%

Summary: South Arm Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 1 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.

Days on Market for South Arm Township, MI

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
55 DaysThis YearDec 2024
190 Days1 year agoDec 2023
-70.8 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in South Arm Township had an average listing age of 55 days in Dec 2024, down by 70.8% compared to the previous year.

Newest Listings in South Arm Township, MI

What homes are available in South Arm Township, MI?

Nearby markets

Nearby markets aren't available for South Arm Township, MI

MLS Disclaimers and Copyright

Based on information from Northern Michigan MLS, and Michigan Regional Information Center LLC for the period 01/01/2023 - 01/01/2025

IDX The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is 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 about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 NM-MLS. 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: 1/30/2025, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. 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: 1/30/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.