$10,000 Closing Credit*
$1,700,000
2,036 SqFt
3 Beds
•1 Full Bath, 1 Partial
Thomas Alflen, Listing Office: EXIT Realty Paramount
Is Centerville Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Centerville Township was a Buyer's Market.
Key Takeaway
Centerville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Centerville Township, MI
How much do homes in Centerville Township, MI cost?
Median Sold Price
$381,950
$277/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$167,050(-30.4%)
Key Takeaway
Homes in Centerville Township have sold for 30.4% less than they did a month ago.
Summary: The median home sold price in Centerville Township was $381,950 in October 2024, down 30.4% from last month, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $368.8K | N/A |
| 3 Bedrooms | $549K | $384.9K | -29.9% |
| 4 Bedrooms | - | $1.2M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Centerville Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 29.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lake Leelanau | $1.7M | $1.7M | -1.6% |
| Bingham Township | $765K | $667.5K | -12.7% |
| Cedar | $559.5K | $401.5K | -28.2% |
| Centerville Township | $549K | $381.9K | -30.4% |
Housing Supply in Centerville Township, MI
How many homes are available in Centerville Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The Centerville Township real estate market had 15 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Centerville Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
0 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 Centerville Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Centerville Township in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.
Days on Market for Centerville Township, MI
How long does it take to sell a home in Centerville Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 153 Days | +410.8% |
Summary: Homes in Centerville Township had an average of 153 days on market in Oct 2024, up by 410.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Centerville Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Centerville Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
