Is Green Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Green Township was a Neutral Market.

Key Takeaway

Green Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Green Township, MI

How much do homes in Green Township, MI cost?

Median Sold Price

$182,000

$108/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$98,000(-35.0%)

Key Takeaway

Homes in Green Township have sold for 35% less than they did a month ago.

Summary: The median home sold price in Green Township was $182,000 in November 2024, down 35% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $280K-
N/A
3 -$182K
N/A
4 --
N/A
5+ --
N/A

Summary: Green Township housing prices by bedroom type for November 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.

Median Sold Price Compared To Nearby Cities

Lachine
0.3%
Green Township
-35.0%

Housing Supply in Green Township, MI

How many homes are available in Green Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
76-14.3%

Summary: The Green 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

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 33
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Green 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green 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 Green Township in November 2024, up by 100.0% 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 Green Township, MI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Green Township, MI

Nearby Markets to Green Township, MI