Springport, MI Home Values & Market Trends
Real estate market trends reflect that there have been 52 transactions over the past year in Springport. The median value for residential home transactions that occurred over the previous year is $171,478.5. The number of current listings in Springport is 6, and the percentage of properties for sale in the city is 6.00%. Springport, MI currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 6 properties for sale.
Springport, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 49284 | $ 180,999 $ 155/sqft |
Housing Market Summary for Springport, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $167K | $190.5K | 14.09% |
| Median Sold Price | $138.4K | $190.5K | 37.62% |
| Homes For Sale | 5 | 6 | 20.00% |
| Homes Sold | 31 | 39 | 25.81% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Springport, MI
Browse Homes in Springport, MI
Springport home values range from $22,152 to $1,200,166. The median estimated value of a home in Springport is $171,478.5. The median list price of a home is 75,300, and the total count of properties in the city is 1,275.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Springport, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Springport, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Springport, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Springport, MI. There is 1 zips within Springport, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Springport, MI. Auction homes and other auction properties account for 0% of all properties in Springport, MI. There is 1 zips within Springport, MI; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for Springport, MI
Guide for Springport, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move
Information on foreclosure financing, refinancing, and foreclosure mortgages.