Is Littlefield Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Littlefield Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Littlefield Township was a Seller's Market.

Key Takeaway

Littlefield Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Littlefield Township, MI

How much do homes in Littlefield Township, MI cost?

Median Sold Price

$294,950

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,050(-3.9%)

Key Takeaway

Homes in Littlefield Township have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in Littlefield Township was $294,950 in October 2024, down 3.9% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$101K
N/A
2 $246K$218K
-11.4%
3 $255K$299.9K
+17.6%
4 $408.5K$850.7K
+108.2%
5+ $575K$549K
-4.5%

Summary: Littlefield 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 decreased by 11.4%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 108.2%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Cities

Maple River Township
+18.1%
Alanson
+1.0%
Littlefield Township
-3.9%
Springvale Township
-4.3%

Housing Supply in Littlefield Township, MI

How many homes are available in Littlefield Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1923+21.1%

Summary: The Littlefield Township real estate market had 23 homes for sale in October 2024, a 21.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 57
+40.0%
3 810
+25.0%
4 33
0.0%
5+ 12
+100.0%

Summary: The Littlefield Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Littlefield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Littlefield Township in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Littlefield Township, MI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Littlefield Township, MI

Nearby Markets to Littlefield Township, MI

What housing markets are near Littlefield Township, MI?