$7,125 Closing Credit*
$600,000
829 SqFt
3 Beds
•1 Full Bath
Diane M Ducat, Listing Office: Keller Williams Premier
Is Davisburg, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Davisburg has remained a Seller's Market.
Key Takeaway
Davisburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Davisburg, MI
How much do homes in Davisburg, MI cost?
Median Sold Price
$429,200
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$45,200(+11.8%)
Key Takeaway
Homes in Davisburg have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Davisburg was $429,200 in December 2024, up 11.8% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.1M | N/A |
| 2 Bedrooms | $252.5K | $276K | +9.3% |
| 3 Bedrooms | $384K | $410K | +6.8% |
| 4 Bedrooms | $392.5K | $469.5K | +19.6% |
| 5+ Bedrooms | $585K | $547.4K | -6.4% |
Summary: Davisburg housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 6.4%.
Median Sold Price Compared To Nearby Cities
| Springfield Charter Township | $332.5K | $385K | +15.8% |
| Davisburg | $384K | $429.2K | +11.8% |
| Rose Township | $364.9K | $396.2K | +8.6% |
| Clarkston | $390.8K | $420K | +7.5% |
| Groveland Township | $425K | $448K | +5.4% |
Housing Supply in Davisburg, MI
How many homes are available in Davisburg, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 26 | 27 | +3.8% |
Summary: The Davisburg real estate market had 27 homes for sale in December 2024, a 3.8% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Davisburg housing inventory by bedroom type for December 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
4 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 Davisburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Davisburg in December 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Davisburg, MI
How long does it take to sell a home in Davisburg, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 31 Days | 32 Days | +1.8% |
Summary: Homes in Davisburg had an average of 32 days on market in Dec 2024, up by 1.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Davisburg are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Davisburg; 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.