$3,324 Closing Credit*
$279,900
1,915 SqFt
4 Beds
•1 Full Bath, 1 Partial
Kelly Hude, Listing Office: RE/MAX Real Estate Professionals
Is Greenbush Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Greenbush Township was a Seller's Market.
Key Takeaway
Greenbush Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greenbush Township, MI
How much do homes in Greenbush Township, MI cost?
Median Sold Price
$263,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,000(+16.9%)
Key Takeaway
Homes in Greenbush Township have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Greenbush Township was $263,000 in October 2024, up 16.9% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $100K | $158.5K | +58.5% |
| 3 Bedrooms | $294.9K | $341.5K | +15.8% |
| 4 Bedrooms | $222.5K | $236.7K | +6.4% |
| 5+ Bedrooms | $120K | $289.9K | +141.6% |
Summary: Greenbush 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 58.5%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 141.6%.
Median Sold Price Compared To Nearby Cities
| Greenbush Township | $225K | $263K | +16.9% |
| Bingham Township | $365K | $392.4K | +7.5% |
| Washington Township | $434K | $442.5K | +2.0% |
Housing Supply in Greenbush Township, MI
How many homes are available in Greenbush Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Summary: The Greenbush Township real estate market had 10 homes for sale in October 2024, a 42.9% increase 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 | 3 | 7 | +133.3% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Greenbush 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 increased by 133.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Greenbush Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Greenbush Township in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Greenbush Township, MI
How long does it take to sell a home in Greenbush Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 7 Days | -88.3% |
Summary: Homes in Greenbush Township had an average of 7 days on market in Oct 2024, down by 88.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greenbush Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Greenbush Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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