Housing Prices in Selma Township, MI
How much do homes in Selma Township, MI cost?
Median List Price
$225,000
$179/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Selma Township has decreased by 1.1% since last year.
Summary: The median home list price in Selma Township was $225,000 in May 2024, down 1.1% from the previous year, and the median price per square foot was $179.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $143.5K | $219.9K | +53.2% |
| 3 Bedrooms | $189.9K | $169.9K | -10.5% |
| 4 Bedrooms | $262.4K | $289.9K | +10.5% |
| 5+ Bedrooms | $550K | $367K | -33.3% |
Summary: Selma Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.2%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 33.3%.
Median List Price Compared To Nearby Cities
| Haring Charter Township | $189.4K | $244.9K | +29.3% |
| Cherry Grove Township | $319.9K | $323.7K | +1.2% |
| Selma Township | $227.4K | $225K | -1.1% |
Housing Supply in Selma Township, MI
How many homes are available in Selma Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Summary: The Selma Township real estate market had 10 homes for sale in May 2024, a 233.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 1 | 6 | +500.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Selma 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 500%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Selma Township, MI
How long does it take to sell a home in Selma Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 114 Days | 36 Days | -68.5% |
Summary: Homes in Selma Township had an average listing age of 36 days in May 2024, down by 68.5% compared to the previous year.
