$5,504 Closing Credit*
$463,500
2,081 SqFt
3 Beds
•2 Full Baths, 1 Partial
Christina Ingersoll, Listing Office: REMAX Bayshore - Union St TC
Is Green Lake Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Green Lake Township was a Seller's Market.
Key Takeaway
Green Lake Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Green Lake Township, MI
How much do homes in Green Lake Township, MI cost?
Median Sold Price
$357,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,500(+1.3%)
Key Takeaway
Homes in Green Lake Township have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Green Lake Township was $357,000 in November 2024, up 1.3% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $215K | $265K | +23.3% |
| 3 Bedrooms | $363.9K | $323K | -11.3% |
| 4 Bedrooms | $400K | $453.7K | +13.4% |
| 5+ Bedrooms | $434K | $485K | +11.8% |
Summary: Green Lake 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 23.3%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Cities
| Grawn | $330K | $359K | +8.8% |
| Interlochen | $330K | $342.5K | +3.8% |
| Green Lake Township | $352.5K | $357K | +1.3% |
| Long Lake Township | $486.2K | $460K | -5.4% |
| Inland Township | $400K | $350K | -12.5% |
Housing Supply in Green Lake Township, MI
How many homes are available in Green Lake Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Green Lake Township real estate market had 25 homes for sale in November 2024, a 3.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Green Lake Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Lake Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Green Lake Township in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Green Lake Township, MI
How long does it take to sell a home in Green Lake Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 53 Days | -6.6% |
Summary: Homes in Green Lake Township had an average of 53 days on market in Nov 2024, down by 6.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Green Lake Township has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Green Lake 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.
