Housing Prices in Garfield Township, MI
How much do homes in Garfield Township, MI cost?
Median List Price
$252,500
$191/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Garfield Township has increased by 15.3% since last year.
Summary: The median home list price in Garfield Township was $252,500 in May 2024, up 15.3% from the previous year, and the median price per square foot was $191.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159.9K | $117.4K | -26.5% |
| 2 Bedrooms | $219K | $224.9K | +2.7% |
| 3 Bedrooms | $349K | $284.9K | -18.4% |
| 4 Bedrooms | - | $305K | N/A |
| 5+ Bedrooms | - | $499K | N/A |
Summary: Garfield Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.5%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Garfield Township | $219K | $252.5K | +15.3% |
| Fife Lake | $227.4K | $249.9K | +9.9% |
| Orange Township | $295.2K | $261K | -11.6% |
| Norwich Township | $275K | $236.5K | -14.0% |
Housing Supply in Garfield Township, MI
How many homes are available in Garfield Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Garfield Township real estate market had 7 homes for sale in May 2024, a 75.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 4 | +300.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Garfield Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 300%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Garfield Township, MI
How long does it take to sell a home in Garfield Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 182 Days | 39 Days | -78.6% |
Summary: Homes in Garfield Township had an average listing age of 39 days in May 2024, down by 78.6% compared to the previous year.
