Is Corwith Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corwith Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Corwith Township was a Seller's Market.

Key Takeaway

Corwith Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Corwith Township, MI

How much do homes in Corwith Township, MI cost?

Median Sold Price

$59,000

$54/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$203,250(-77.5%)

Key Takeaway

Homes in Corwith Township have sold for 77.5% less than they did a month ago.

Summary: The median home sold price in Corwith Township was $59,000 in October 2024, down 77.5% from last month, and the median price per square foot was $54.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $132K-
N/A
2 --
N/A
3 -$59K
N/A
4 $392.5K-
N/A
5+ --
N/A

Summary: Corwith 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

Nunda Township
-15.6%
Corwith Township
-77.5%

Housing Supply in Corwith Township, MI

How many homes are available in Corwith Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
119-18.2%

Summary: The Corwith Township real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 11
0.0%
3 55
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Corwith Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corwith Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Corwith Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Corwith Township, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Corwith Township, MI

Nearby Markets to Corwith Township, MI

What housing markets are near Corwith Township, MI?