$4,749 Closing Credit*
$399,900
1,706 SqFt
4 Beds
•1 Full Bath, 1 Partial
Ted W Reithel, Listing Office: RE/MAX First
Is Huntington Woods, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Huntington Woods has remained a Seller's Market.
Key Takeaway
Huntington Woods is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Huntington Woods, MI
How much do homes in Huntington Woods, MI cost?
Median Sold Price
$500,000
$294/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,500(+2.4%)
Key Takeaway
Homes in Huntington Woods have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Huntington Woods was $500,000 in October 2024, up 2.4% from last year, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $392K | $313K | -20.2% |
| 3 Bedrooms | $467.4K | $464K | -0.7% |
| 4 Bedrooms | $633.5K | $570K | -10.0% |
| 5+ Bedrooms | $1.3M | $930K | -30.8% |
Summary: Huntington Woods 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 decreased by 20.2%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 30.8%.
Housing Supply in Huntington Woods, MI
How many homes are available in Huntington Woods, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Summary: The Huntington Woods real estate market had 15 homes for sale in October 2024, a 25.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Huntington Woods 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 remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Huntington Woods, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Huntington Woods in October 2024, the same as the previous month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Huntington Woods, MI
How long does it take to sell a home in Huntington Woods, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 12 Days | +37.5% |
Summary: Homes in Huntington Woods had an average of 12 days on market in Oct 2024, up by 37.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Huntington Woods are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Huntington Woods; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
