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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maple Valley Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Maple Valley Township has remained a Seller's Market.

Key Takeaway

Maple Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Maple Valley Township, MI

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

Median Sold Price

$175,000

$124/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$120,000(-40.7%)

Key Takeaway

Homes in Maple Valley Township have sold for 40.7% less than they did a month ago.

Summary: The median home sold price in Maple Valley Township was $175,000 in November 2024, down 40.7% from last month, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $295K$161K
-45.4%
3 -$175K
N/A
4 $255K$268K
+5.1%
5+ $565K-
N/A

Summary: Maple Valley Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 45.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Winfield Township
-37.8%
Maple Valley Township
-40.7%
Trufant
-51.2%
Coral
-56.0%

Housing Supply in Maple Valley Township, MI

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
84-50.0%

Summary: The Maple Valley Township real estate market had 4 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 21
-50.0%
4 32
-33.3%
5+ 10
-100.0%

Summary: The Maple Valley Township 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 decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maple Valley Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Maple Valley Township in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Maple Valley Township, MI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
86 Days23 Days-73.3%

Summary: Homes in Maple Valley Township had an average of 23 days on market in Nov 2024, down by 73.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Maple Valley Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Maple Valley Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Valley Township, MI

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