The median home in Chippewa County was listed at $229,900 in November, a slight increase from the previous month’s $228,667, according to an analysis of data from Realtor.com appears.
Compared to November 2024, the median home list price decreased 7.8% from $249,450.
The statistics in this article relate only to homes for sale in Chippewa County, not homes that have been sold. Information about your local housing market, as well as other useful community data, is available on the site data.sooeveningnews.com.
The average home size in Chippewa County was 1,450 square feet, at $163 per square foot. The price per square foot of homes for sale increased by 5.7% compared to November 2024.
Chippewa County real estate listings have moved steadily, with an average of 80 days listed compared to the national November average of 64 days on market. The previous month, the average time homes were on the market was 66 days. About 24 new homes were listed on the market in November, a 20% increase from the 20 new homes in November 2024.
Average home prices released by Realtor.com may exclude many, or even most, homes from the market. Price and size represent only single family homes, condominiums or townhomes. It includes existing homes, but excludes most new construction as well as pending and contingent sales.
Via Sault Ste. In the Marie Metro area, median home prices remained at $225,000, the same as the previous month. The average home is 1,450 square feet, with a list price of $164 per square foot.
In Michigan, median home prices were $285,000, a slight decline from October. The average home for sale in Michigan is 1,568 square feet, at $178 per square foot.
Across the United States, the median home price was $415,000, a slight decrease from the previous month. The average American home for sale is listed as 1,820 square feet, at $222 per square foot.
The average home list prices used in this report represent the midpoint of all homes or units listed during a given time period. Experts say the average offers a more accurate view of what’s happening in the market than the median list price, which means taking the sum of all list prices and then dividing it by the number of homes sold. The average can be skewed by a particularly low or high price.
USA TODAY is publishing local versions of this story on its news websites across the country, which were created using data from Realtor.com. Please leave any comments or corrections to this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would love to hear from you. Take this survey Share your thoughts with us.
This article originally appeared on The Sault News: See the highest median price of home listings for November in Chippewa County