$15,000
Land
Connie L Madej, Listing Office: The TEAM Real Estate Group
Is Corwith Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 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
$182,375
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$19,875(-9.8%)
Key Takeaway
Homes in Corwith Township have sold for 9.8% less than they did a year ago.
Summary: The median home sold price in Corwith Township was $182,375 in November 2024, down 9.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.2K | $141K | -23.5% |
| 2 Bedrooms | $148K | $162.3K | +9.7% |
| 3 Bedrooms | $219.2K | $194K | -11.5% |
| 4 Bedrooms | $328K | $332.2K | +1.3% |
| 5+ Bedrooms | $348.7K | - | N/A |
Summary: Corwith Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wilmot Township | $192.5K | $237.7K | +23.5% |
| Corwith Township | $202.2K | $182.3K | -9.8% |
| Vanderbilt | $209.5K | $182.3K | -12.9% |
Housing Supply in Corwith Township, MI
How many homes are available in Corwith Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Corwith Township real estate market had 8 homes for sale in November 2024, a 11.1% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Corwith 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 increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Corwith Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Corwith Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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
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