|Avg List Price||$266,467||$149,450|
|Avg SOLD Price||$148,436|
|Avg Seller Discount||1.7%|
Township Report for Mancelona
"Inventory" represents how many months it would take, given recent sales trends,
for all homes in the township to be sold. Generally, more than 6 months of inventory suggests a "buyer's market."
Over the past year, an average of 1.8 homes per month have sold in Mancelona, and 12 homes are on the market now, so Mancelona has 6.5 months of inventory.