$5,106 Closing Credit*
$430,000
1,792 SqFt
3 Beds
•1 Full Bath, 1 Partial
Ryan Heward, Dustin Shaeffer, Listing Office: Golden Key Real Estate LLC
Is Huntington Woods, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$506,500
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,500(+3.8%)
Key Takeaway
Homes in Huntington Woods have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Huntington Woods was $506,500 in November 2024, up 3.8% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $392K | $313K | -20.2% |
| 3 Bedrooms | $467.4K | $464K | -0.7% |
| 4 Bedrooms | $633.5K | $572.5K | -9.6% |
| 5+ Bedrooms | $1.3M | $930K | -30.8% |
Summary: Huntington Woods 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 decreased by 20.2%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 9.6%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 10 | -41.2% |
Summary: The Huntington Woods real estate market had 10 homes for sale in November 2024, a 41.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Huntington Woods 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Huntington Woods, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Huntington Woods in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 12 Days | +82.9% |
Summary: Homes in Huntington Woods had an average of 12 days on market in Nov 2024, up by 82.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were 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 November 2024, 5 homes were sold in Huntington Woods; 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.
