$295,000
3.16 Acres
Land
Mercedes Davidson, Listing Office: CENTURY 21 Northland
Is Cleveland Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cleveland Township has remained a Seller's Market.
Key Takeaway
Cleveland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cleveland Township, MI
How much do homes in Cleveland Township, MI cost?
Median Sold Price
$295,000
$416/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$275,000(-48.2%)
Key Takeaway
Homes in Cleveland Township have sold for 48.2% less than they did a month ago.
Summary: The median home sold price in Cleveland Township was $295,000 in October 2024, down 48.2% from last month, and the median price per square foot was $416.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $295K | N/A |
| 3 Bedrooms | $660K | - | N/A |
| 4 Bedrooms | $570K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cleveland 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Maple City | $190K | $559.2K | +194.3% |
| Glen Arbor Township | $390K | $518.5K | +32.9% |
| Cedar | $559.5K | $401.5K | -28.2% |
| Centerville Township | $549K | $381.9K | -30.4% |
| Cleveland Township | $570K | $295K | -48.2% |
Housing Supply in Cleveland Township, MI
How many homes are available in Cleveland Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Summary: The Cleveland Township real estate market had 5 homes for sale in October 2024, a 37.5% decrease 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 0 | -100.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cleveland 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cleveland Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Cleveland Township in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Cleveland Township, MI
How long does it take to sell a home in Cleveland Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 37 Days | -56.3% |
Summary: Homes in Cleveland Township had an average of 37 days on market in Oct 2024, down by 56.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cleveland Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Cleveland Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
