$4,691 Closing Credit*
$395,000
2,170 SqFt
4 Beds
•2 Full Baths, 1 Partial
Will Baker, Listing Office: Graham Real Estate
Is Friendship Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Friendship Township has remained a Seller's Market.
Key Takeaway
Friendship Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Friendship Township, MI
How much do homes in Friendship Township, MI cost?
Median Sold Price
$1,300,000
$589/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$910,000(+233.3%)
Key Takeaway
Homes in Friendship Township have sold for 233.3% more than they did a month ago.
Summary: The median home sold price in Friendship Township was $1,300,000 in October 2024, up 233.3% from last month, and the median price per square foot was $589.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $390K | - | N/A |
| 3 Bedrooms | $510K | - | N/A |
| 4 Bedrooms | - | $1.3M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Friendship Township housing prices by bedroom type for October 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 Friendship Township, MI
How many homes are available in Friendship Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Summary: The Friendship Township real estate market had 2 homes for sale in October 2024, a 60.0% 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 | 2 | 0 | -100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Friendship 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 decreased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 Friendship 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 Friendship Township in October 2024, down by 66.7% 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 Friendship Township, MI
We’re sorry, we don't have information for this market at the moment
