$65,000
8.14 Acres
Land
Dylan Zuniga, Listing Office: Five Star Real Estate Whitehall
Is Denver Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Denver Township was a Seller's Market.
Key Takeaway
Denver Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Denver Township, MI
How much do homes in Denver Township, MI cost?
Median Sold Price
$254,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$102,550(+67.7%)
Key Takeaway
Homes in Denver Township have sold for 67.7% more than they did a year ago.
Summary: The median home sold price in Denver Township was $254,000 in October 2024, up 67.7% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | - | N/A |
| 2 Bedrooms | $113K | $167.5K | +48.2% |
| 3 Bedrooms | $157.9K | $285K | +80.5% |
| 4 Bedrooms | $272.4K | $286.5K | +5.2% |
| 5+ Bedrooms | $239.9K | - | N/A |
Summary: Denver Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.2%, 3 bedroom homes increased by 80.5%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Denver Township | $151.4K | $254K | +67.7% |
| Hesperia | $150K | $235K | +56.7% |
| Lincoln Township | $166K | $205K | +23.5% |
Housing Supply in Denver Township, MI
How many homes are available in Denver Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Denver Township real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Denver Township housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -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
Key Takeaway
If you're buying a home in Denver 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 Denver 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 Denver Township, MI
How long does it take to sell a home in Denver Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 118 Days | 60 Days | -49.4% |
Summary: Homes in Denver Township had an average of 60 days on market in Oct 2024, down by 49.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Denver Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Denver Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
