Housing Prices in Forest Township, MI

How much do homes in Forest Township, MI cost?

Median List Price

$144,950

$97/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$83,944(-36.7%)

Key Takeaway

The list price of homes in Forest Township has decreased by 36.7% since last year.

Summary: The median home list price in Forest Township was $144,950 in October 2024, down 36.7% from the previous year, and the median price per square foot was $97.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $192.5K$224.4K
+16.6%
3 $228.8K$105K
-54.1%
4 --
N/A
5+ --
N/A

Summary: Forest 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 16.6%, 3 bedroom homes decreased by 54.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

North Allis Township
+31.2%
Allis Township
+9.5%
Waverly Township
-25.0%
Forest Township
-36.7%

Housing Supply in Forest Township, MI

How many homes are available in Forest Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
42-50.0%

Summary: The Forest Township real estate market had 2 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Forest 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Forest Township, MI

How long does it take to sell a home in Forest Township, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
631 Days1,791 Days+183.7%

Summary: Homes in Forest Township had an average listing age of 1,791 days in Oct 2024, up by 183.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Forest Township, MI

Nearby Markets to Forest Township, MI

What housing markets are near Forest Township, MI?