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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middlebury Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Middlebury Township, MI

How much do homes in Middlebury Township, MI cost?

Median Sold Price

$235,000

$188/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$165,000(+235.7%)

Key Takeaway

Homes in Middlebury Township have sold for 235.7% more than they did a month ago.

Summary: The median home sold price in Middlebury Township was $235,000 in December 2024, up 235.7% from last month, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$235K
N/A
4 $70K-
N/A
5+ --
N/A

Summary: Middlebury Township housing prices by bedroom type for December 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Middlebury Township
+235.7%
Rush Township
-80.3%

Housing Supply in Middlebury Township, MI

How many homes are available in Middlebury Township, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
330.0%

Summary: The Middlebury Township real estate market had 3 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Middlebury 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 increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Middlebury Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Middlebury Township in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Middlebury Township, MI

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

Average Sale Time

Nov 2024Dec 2024CHANGE
14 Days5 Days-64.3%

Summary: Homes in Middlebury Township had an average of 5 days on market in Dec 2024, down by 64.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Middlebury Township; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in Middlebury Township, MI

Nearby Markets to Middlebury Township, MI