Mendon Real Estate Market

Mendon Market

The median mortgage debt is $75,258.

Additional Statistics for Single Family Homes and Condos in Mendon, MI
$124,900
Median Listing Price
104
Median Days on Market
23
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
Mendon, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Mendon is $124,900. The list prices increased by 4.08% from the previous month.

The price per square foot for listings in this area is $83.

The median sale price in December for single family homes is $45,000. The sale prices dropped by -40.86% from the previous month.

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Mendon, MI Market Inventory Trends

The number of active listings in Mendon dropped by 8% from the previous month.

The median number of days active properties have been listed is 104.

The number of sales in December dropped by 0% from the previous month.

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Mendon, MI Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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