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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maple River Township is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Maple River Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Maple River Township, MI

How much do homes in Maple River Township, MI cost?

Median Sold Price

$241,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,000(+18.1%)

Key Takeaway

Homes in Maple River Township have sold for 18.1% more than they did a year ago.

Summary: The median home sold price in Maple River Township was $241,000 in October 2024, up 18.1% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $172K$160.3K
-6.8%
3 $229.7K$257.2K
+12.0%
4 -$1.3M
N/A
5+ --
N/A

Summary: Maple River 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 6.8%, 3 bedroom homes increased by 12%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Maple River Township
+18.1%
Littlefield Township
-3.9%

Housing Supply in Maple River Township, MI

How many homes are available in Maple River Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1513-13.3%

Summary: The Maple River Township real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 67
+16.7%
4 33
0.0%
5+ 00
0.0%

Summary: The Maple River 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 decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maple River Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Maple River Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Maple River 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 17 Days Ago

Newest Listings in Maple River Township, MI

Nearby Markets to Maple River Township, MI

What housing markets are near Maple River Township, MI?