$2,433 Closing Credit*
$204,900
1,152 SqFt
2 Beds
•1 Full Bath, 1 Partial
Ignacio Peralta, Listing Office: Bellabay Realty LLC
Is Denver Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Denver Township was a Buyer's Market.
Key Takeaway
Denver Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Denver Township, MI
How much do homes in Denver Township, MI cost?
Median Sold Price
$452,500
$160/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$82,500(+22.3%)
Key Takeaway
Homes in Denver Township have sold for 22.3% more than they did a month ago.
Summary: The median home sold price in Denver Township was $452,500 in November 2024, up 22.3% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $197.4K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $370K | - | N/A |
| 5+ Bedrooms | - | $675K | N/A |
Summary: Denver Township housing prices by bedroom type for November 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.
Housing Supply in Denver Township, MI
How many homes are available in Denver Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Denver Township real estate market had 8 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Denver 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 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Denver Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Denver Township in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Denver Township, MI
How long does it take to sell a home in Denver Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 373 Days | +492.9% |
Summary: Homes in Denver Township had an average of 373 days on market in Nov 2024, up by 492.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Denver Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Denver Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
