$3,324 Closing Credit*
$279,900
896 SqFt
2 Beds
•1 Full Bath
Cindy Grodus, Listing Office: Coldwell Banker Woodland Schmidt
Is Brooks Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Brooks Township has remained a Seller's Market.
Key Takeaway
Brooks Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brooks Township, MI
How much do homes in Brooks Township, MI cost?
Median Sold Price
$310,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$750(-0.2%)
Key Takeaway
The sold price of homes in Brooks Township has remained the same since last year.
Summary: The median home sold price in Brooks Township was $310,000 in November 2024, down 0.2% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.9K | $282.4K | +41.3% |
| 2 Bedrooms | $328.2K | $306K | -6.8% |
| 3 Bedrooms | $253.5K | $285.5K | +12.6% |
| 4 Bedrooms | $485K | $366K | -24.5% |
| 5+ Bedrooms | $503K | $475.4K | -5.5% |
Summary: Brooks Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.3%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 24.5%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
| Newaygo | $250K | $282.2K | +12.9% |
| Croton Township | $285K | $307.5K | +7.9% |
| Brooks Township | $310.7K | $310K | -0.2% |
Housing Supply in Brooks Township, MI
How many homes are available in Brooks Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Brooks Township real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Brooks Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Brooks Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Brooks Township in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Brooks Township, MI
How long does it take to sell a home in Brooks Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 31 Days | -4.7% |
Summary: Homes in Brooks Township had an average of 31 days on market in Nov 2024, down by 4.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Brooks Township has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Brooks Township; 29% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
