Housing Prices in Norvell Township, MI

How much do homes in Norvell Township, MI cost?

Median List Price

$324,900

$214/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$52,900(+19.4%)

Key Takeaway

The list price of homes in Norvell Township has increased by 19.4% since last year.

Summary: The median home list price in Norvell Township was $324,900 in October 2024, up 19.4% from the previous year, and the median price per square foot was $214.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $129.5K$120K
-7.3%
2 $209.9K$205K
-2.4%
3 $299K$332.5K
+11.2%
4 $434.4K$369.9K
-14.8%
5+ $585K$520K
-11.1%

Summary: Norvell Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 11.1%.

Median List Price Compared To Nearby Cities

Norvell Township
+19.4%
Manchester Township
+12.7%
Tipton
-2.4%

Housing Supply in Norvell Township, MI

How many homes are available in Norvell Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1614-12.5%

Summary: The Norvell Township real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 64
-33.3%
3 44
0.0%
4 55
0.0%
5+ 00
0.0%

Summary: The Norvell 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Norvell Township, MI

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

Average Listing Age

Oct 2023Oct 2024CHANGE
107 Days83 Days-22.4%

Summary: Homes in Norvell Township had an average listing age of 83 days in Oct 2024, down by 22.4% compared to the previous year.

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 Norvell Township, MI

Nearby Markets to Norvell Township, MI

What housing markets are near Norvell Township, MI?