$2,671 Closing Credit*
$224,900
1,958 SqFt
5 Beds
•1 Full Bath
Paul J Harmon, Listing Office: Harmon Real Estate LLC
Is Conway 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, Conway Township has remained a Seller's Market.
Key Takeaway
Conway Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Conway Township, MI
How much do homes in Conway Township, MI cost?
Median Sold Price
$306,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$8,938(-2.8%)
Key Takeaway
Homes in Conway Township have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Conway Township was $306,000 in November 2024, down 2.8% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $288K | $200K | -30.6% |
| 2 Bedrooms | $347.5K | $185.5K | -46.6% |
| 3 Bedrooms | $325K | $315K | -3.1% |
| 4 Bedrooms | $310K | $339.9K | +9.6% |
| 5+ Bedrooms | $310.8K | $560K | +80.1% |
Summary: Conway Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.6%, 2 bedroom homes decreased by 46.6%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 80.1%.
Median Sold Price Compared To Nearby Cities
| Antrim Township | $169.9K | $300K | +76.5% |
| Burns Township | $230K | $254K | +10.4% |
| Conway Township | $314.9K | $306K | -2.8% |
Housing Supply in Conway Township, MI
How many homes are available in Conway Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Conway Township real estate market had 9 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Conway 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 decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conway Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Conway Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Conway Township, MI
How long does it take to sell a home in Conway Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 42 Days | +320.0% |
Summary: Homes in Conway Township had an average of 42 days on market in Nov 2024, up by 320% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Conway Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Conway Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
