Housing Prices in Lee Township, MI

How much do homes in Lee Township, MI cost?

Median List Price

$210,000

$132/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$40,100(+23.6%)

Key Takeaway

The list price of homes in Lee Township has increased by 23.6% since last year.

Summary: The median home list price in Lee Township was $210,000 in October 2024, up 23.6% from the previous year, and the median price per square foot was $132.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $132.5K$189.9K
+43.4%
3 $164.9K$190K
+15.2%
4 $232.4K$289.9K
+24.7%
5+ $215K$565K
+162.8%

Summary: Lee 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 43.4%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes increased by 162.8%.

Median List Price Compared To Nearby Cities

Lee Township
+23.6%
Jerome Township
+12.7%
Homer Township
+3.0%

Housing Supply in Lee Township, MI

How many homes are available in Lee Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
811+37.5%

Summary: The Lee Township real estate market had 11 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 67
+16.7%
4 12
+100.0%
5+ 11
0.0%

Summary: The Lee 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 increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Lee Township, MI

How long does it take to sell a home in Lee Township, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
73 Days56 Days-22.2%

Summary: Homes in Lee Township had an average listing age of 56 days in Oct 2024, down by 22.2% compared to the previous year.

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

Report Updated 22 Days Ago

Newest Listings in Lee Township, MI

Nearby Markets to Lee Township, MI