New - 1 day on Rocket
$5,047 Closing Credit¹
#50165501, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
Stambaugh Township Housing Market Report December 2024•Iron County, Michigan
Housing Prices in Stambaugh Township, MI
How much do homes in Stambaugh Township, MI cost?
Housing Market Conditions
Is Stambaugh Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Stambaugh Township is a Seller's Market
Difference Since November 2024
Last month, Stambaugh Township has remained a Seller's Market.
Insight
Stambaugh Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$372,000$179/SqFt
+$59,500
+19.0%
Based on all homes sold in December 2024
Insight
Homes in Stambaugh Township have sold for 19% more than they did a month ago.
Summary: The median home sold price in Stambaugh Township was $372,000 in December 2024, up 19% from last month, and the median price per square foot was $179.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Iron River | $87.5K | $117.4K | +34.2% |
| Stambaugh Township | $312.5K | $372K | +19.0% |
| Caspian | $67.5K | $75K | +11.1% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $205K | - | N/A |
| 33 Bedrooms | - | - | N/A |
| 44 Bedrooms | $420K | $372K | -11.4% |
| 55+ Bedrooms | - | - | N/A |
Summary: Stambaugh Township housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -11.4%. The home price for 5 bedroom homes did not change.
Housing supply in Stambaugh Township, MI
How many homes are available in Stambaugh Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthDec 2024 | ||
| 82 months agoNov 2024 | -12.5 % Change MoMNov – Dec |
Summary: The Stambaugh Township real estate market had 7 homes for sale in Dec 2024, a 12.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthDec 2024 | ||
| 22 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 | 1 | 0 | -100.0% |
| 33 Bedrooms | 3 | 3 | 0.0% |
| 44 Bedrooms | 4 | 4 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Stambaugh 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 -100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Stambaugh Township, MI cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Stambaugh Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Stambaugh Township in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Stambaugh Township, MI
How long does it take to sell a home in Stambaugh Township, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Stambaugh Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Stambaugh Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 88 DaysLast MonthDec 2024 | ||
| 62 Days1 month agoNov 2024 | +41.9 % Change MoMNov – Dec |
Summary: Homes in Stambaugh Township had an average listing age of 88 days in Dec 2024, up by 41.9% compared to the previous month.
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Newest Listings in Stambaugh Township, MI
What homes are available in Stambaugh Township, MI?
$3,503 Closing Credit¹
#50164823, JEFF DOHL, Listing Office: RE/MAX NORTH COUNTRY-IR
$4,986 Closing Credit¹
#50163895, THOMAS JAYNE, Listing Office: HARRIS STATE WIDE
$2,849 Closing Credit¹
#50162423, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
$1,649 Closing Credit¹
#50153887, NICOLE HEBERT, Listing Office: KELLER WILLIAMS CLASSIC REALTY NM
#50153233, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
$3,443 Closing Credit¹
#50148995, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
#50148980, KELLY WATERS, Listing Office: U.P. RIVERLAND REALTY
$4,750 Closing Credit¹
#50145967, JILL PONOZZO, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
#50141293, JILL PONOZZO, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
#50132209, SHARON POLICH, Listing Office: RE/MAX NORTH COUNTRY-IR
#50128128, SHARON POLICH, Listing Office: RE/MAX NORTH COUNTRY-IR
Nearby markets
Nearby markets aren't available for Stambaugh Township, MI
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, for the period 11/01/2024 - 01/01/2025
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.