Housing Prices in Norwich Township, MI

How much do homes in Norwich Township, MI cost?

Median List Price

$216,950

$139/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$17,050(-7.3%)

Key Takeaway

The list price of homes in Norwich Township has decreased by 7.3% since last year.

Summary: The median home list price in Norwich Township was $216,950 in October 2024, down 7.3% from the previous year, and the median price per square foot was $139.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $157.5K$224.9K
+42.8%
3 $281.9K$204.4K
-27.5%
4 $169.9K$289K
+70.1%
5+ -$235K
N/A

Summary: Norwich 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 increased by 42.8%, 3 bedroom homes decreased by 27.5%, 4 bedroom homes increased by 70.1%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Lyon Township
+21.3%
Garfield Township
+12.3%
Merritt
-6.6%
Norwich Township
-7.3%
Fife Lake
-7.4%

Housing Supply in Norwich Township, MI

How many homes are available in Norwich Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
31-66.7%

Summary: The Norwich Township real estate market had 1 homes for sale in October 2024, a 66.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 10
-100.0%

Summary: The Norwich 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Days on Market for Norwich Township, MI

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

Average Listing Age

Oct 2023Oct 2024CHANGE
162 Days34 Days-79.1%

Summary: Homes in Norwich Township had an average listing age of 34 days in Oct 2024, down by 79.1% compared to the previous year.

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 Norwich Township, MI

Nearby Markets to Norwich Township, MI

What housing markets are near Norwich Township, MI?