$4,072 Closing Credit*
$342,900
2,364 SqFt
4 Beds
•3 Full Baths, 1 Partial
William Leiter, Listing Office: 616 Realty LLC
Is Leighton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Leighton Township was a Buyer's Market.
Key Takeaway
Leighton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leighton Township, MI
How much do homes in Leighton Township, MI cost?
Median Sold Price
$350,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$5,000(+1.4%)
Key Takeaway
Homes in Leighton Township have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Leighton Township was $350,000 in December 2024, up 1.4% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $260K | $287.2K | +10.5% |
| 3 Bedrooms | $325K | $337.7K | +3.9% |
| 4 Bedrooms | $360K | $402.4K | +11.8% |
| 5+ Bedrooms | $590K | $595K | +0.8% |
Summary: Leighton Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Thornapple Township | $316.4K | $348K | +10.0% |
| Wayland | $314.9K | $329.9K | +4.7% |
| Dorr Township | $337.5K | $349.9K | +3.7% |
| Gaines Charter Township | $359.7K | $372K | +3.4% |
| Leighton Township | $345K | $350K | +1.4% |
Housing Supply in Leighton Township, MI
How many homes are available in Leighton Township, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Leighton Township real estate market had 14 homes for sale in December 2024, a 12.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Leighton Township housing inventory by bedroom type for December 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 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leighton Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Leighton Township in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Leighton Township, MI
How long does it take to sell a home in Leighton Township, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 17 Days | 36 Days | +116.2% |
Summary: Homes in Leighton Township had an average of 36 days on market in Dec 2024, up by 116.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Leighton Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in Leighton Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
