#50164550, JOSH STEIN, Listing Office: NORTHERN MICHIGAN LAND BROKERS - H
Torch Lake Township Housing Market Report January 2025•Houghton County, Michigan
Housing Prices in Torch Lake Township, MI
How much do homes in Torch Lake Township, MI cost?
Median List Price
$221,950$175/SqFt
Based on all homes listed in January 2025
Insight
The list price of homes in Torch Lake Township has remained the same since December.
Summary: The median home list price in Torch Lake Township was $221,950 in January 2025, the same as the previous month, and the median price per square foot was $175.
Median List Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Dollar Bay | $194.9K | $194.9K | 0.0% |
| Torch Lake Township | $221.9K | $221.9K | 0.0% |
Median List Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $214.9K | $214.9K | 0.0% |
| 22 Bedrooms | $328.5K | $328.5K | 0.0% |
| 33 Bedrooms | $183K | $183K | 0.0% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Torch Lake Township housing price by bedroom type for January 2025, compared to the previous year. 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 did not change. The home price for 5 bedroom homes did not change.
Housing supply in Torch Lake Township, MI
How many homes are available in Torch Lake Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 42 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The Torch Lake Township real estate market had 4 homes for sale in Jan 2025, the same as Dec 2024
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 2 | 2 | 0.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Torch Lake Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. 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 Torch Lake Township, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Torch Lake Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Torch Lake Township in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Torch Lake Township, MI
How long does it take to sell a home in Torch Lake Township, MI?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Torch Lake Township has remained consistent over time.
Summary: During January 2025, 2 homes were sold in Torch Lake Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 124 DaysLast MonthJan 2025 | ||
| 108 Days1 month agoDec 2024 | +14.3 % Change MoMDec – Jan |
Summary: Homes in Torch Lake Township had an average listing age of 124 days in Jan 2025, up by 14.3% compared to the previous month.
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Newest Listings in Torch Lake Township, MI
What homes are available in Torch Lake Township, MI?
#50164074, DAVID JUKURI, Listing Office: CENTURY 21 AFFILIATED
#50162828, DARREN LASANEN, Listing Office: CENTURY 21 AFFILIATED
$3,901 Closing Credit¹
#50156057, KRISTINE WEIDNER (JUKURI), Listing Office: CENTURY 21 AFFILIATED
#50156049, BRIAN RIMPELA, Listing Office: CENTURY 21 AFFILIATED
$2,719 Closing Credit¹
#50153775, BARBARA PARKER, Listing Office: RE/MAX DOUGLASS R.E.-H
#50153270, CRAIG HEINONEN, Listing Office: COLDWELL BANKER SCHMIDT REALTORS
#50113395, KRISTINE WEIDNER (JUKURI), Listing Office: CENTURY 21 AFFILIATED
#50144760, MARK COON, Listing Office: RE/MAX DOUGLASS R.E.-H
#50143060, TIM KEOHANE, Listing Office: GREAT LAKES & LAND OF MARQUETTE, INC.
#50117645, KRISTINE WEIDNER (JUKURI), Listing Office: CENTURY 21 AFFILIATED
#50117502, KRISTINE WEIDNER (JUKURI), Listing Office: CENTURY 21 AFFILIATED
Nearby markets
Nearby markets aren't available for Torch Lake Township, MI
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, for the period 12/01/2024 - 02/01/2025
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: 2/7/2025, 3:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.