$59,900
10.01 Acres
Land
Linda Koetje, Listing Office: City2Shore Real Estate Northern Michigan
Housing Prices in Forest Township, MI
How much do homes in Forest Township, MI cost?
Median List Price
$159,900
$101/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$24,950(+18.5%)
Key Takeaway
The list price of homes in Forest Township has increased by 18.5% since last year.
Summary: The median home list price in Forest Township was $159,900 in November 2024, up 18.5% from the previous year, and the median price per square foot was $101.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.9K | - | N/A |
| 2 Bedrooms | $99K | $119.9K | +21.1% |
| 3 Bedrooms | $160K | $209.9K | +31.2% |
| 4 Bedrooms | $184.9K | $327.4K | +77.1% |
| 5+ Bedrooms | - | $360K | N/A |
Summary: Forest Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 31.2%, 4 bedroom homes increased by 77.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| West Branch Township | $189.9K | $226.5K | +19.3% |
| Forest Township | $134.9K | $159.9K | +18.5% |
| Lake City | $210K | $244.9K | +16.6% |
| Norwich Township | $225K | $204.4K | -9.1% |
Housing Supply in Forest Township, MI
How many homes are available in Forest Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Forest Township real estate market had 6 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Forest 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 decreased by 40%, 3 bedroom homes increased by 100%, 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 72 Days | +355.2% |
Summary: Homes in Forest Township had an average listing age of 72 days in Nov 2024, up by 355.2% compared to the previous year.
