$10,000 Closing Credit*
$1,195,000
4,074 SqFt
4 Beds
•4 Full Baths, 1 Partial
Douglas Edwards, Listing Office: Michigan Whitetail Properties
Is Douglass 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, Douglass Township was a Seller's Market.
Key Takeaway
Douglass Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Douglass Township, MI
How much do homes in Douglass Township, MI cost?
Median Sold Price
$265,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+6.0%)
Key Takeaway
Homes in Douglass Township have sold for 6% more than they did a year ago.
Summary: The median home sold price in Douglass Township was $265,000 in October 2024, up 6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.5K | $265K | +58.2% |
| 3 Bedrooms | $255K | $222K | -12.9% |
| 4 Bedrooms | $275K | $341.2K | +24.1% |
| 5+ Bedrooms | $175K | $380K | +117.1% |
Summary: Douglass 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 58.2%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 117.1%.
Median Sold Price Compared To Nearby Cities
| Douglass Township | $250K | $265K | +6.0% |
| Stanton | $216.1K | $220.5K | +2.0% |
Housing Supply in Douglass Township, MI
How many homes are available in Douglass Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Douglass Township real estate market had 12 homes for sale in October 2024, a 7.7% decrease 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Douglass 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 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglass Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Douglass Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Douglass Township, MI
How long does it take to sell a home in Douglass Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 139 Days | 47 Days | -65.8% |
Summary: Homes in Douglass Township had an average of 47 days on market in Oct 2024, down by 65.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Douglass Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Douglass Township; 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.
