Is Maple Valley Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
$410,000
$191/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
Key Takeaway
Homes in Maple Valley Township have sold for 36.7% more than they did a month ago.
Summary: The median home sold price in Maple Valley Township was $410,000 in October 2024, up 36.7% from last month, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $675K | $255K | -62.2% |
| 5+ Bedrooms | $300K | $565K | +88.3% |
Summary: Maple Valley Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 62.2%, and 5+ bedroom homes increased by 88.3%.
Median Sold Price Compared To Nearby Cities
| Maple Valley Township | $300K | $410K | +36.7% |
| Winfield Township | $362.5K | $405K | +11.7% |
| Coral | $475K | $397.5K | -16.3% |
| Pine Township | $415K | $115K | -72.3% |
Housing Supply in Maple Valley Township, MI
How many homes are available in Maple Valley Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Maple Valley Township real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Maple Valley 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 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maple Valley Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Maple Valley Township in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 85 Days | +113.3% |
Summary: Homes in Maple Valley Township had an average of 85 days on market in Oct 2024, up by 113.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Maple Valley Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Maple Valley Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
