Is Zilwaukee, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Zilwaukee has remained a Seller's Market.
Housing Prices in Zilwaukee, MI
How much do homes in Zilwaukee, MI cost?
Median Sold Price
$131,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Zilwaukee was $131,000 in April 2024, up 6.5% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $98K | $121K | +23.5% |
3 Bedrooms | $129.9K | $156K | +20.0% |
4 Bedrooms | $120K | $145K | +20.8% |
5+ Bedrooms | - | - | N/A |
Summary: Zilwaukee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Buena Vista Charter Township | $59.9K | $66.9K | +11.7% |
Zilwaukee | $123K | $131K | +6.5% |
Carrollton Township | $110.9K | $110K | -0.8% |
Housing Supply in Zilwaukee, MI
How many homes are available in Zilwaukee, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Summary: The Zilwaukee real estate market had 5 homes for sale in April 2024, a 28.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Zilwaukee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Zilwaukee in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Zilwaukee, MI
How long does it take to sell a home in Zilwaukee, MI?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Zilwaukee; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.