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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quincy Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Quincy Township was a Seller's Market.

Key Takeaway

Quincy Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Quincy Township, MI

How much do homes in Quincy Township, MI cost?

Median Sold Price

$205,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,000(+3.0%)

Key Takeaway

Homes in Quincy Township have sold for 3% more than they did a year ago.

Summary: The median home sold price in Quincy Township was $205,000 in November 2024, up 3% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $153.3K$144.4K
-5.8%
3 $196K$183.5K
-6.4%
4 $296K$289K
-2.4%
5+ $205K$375K
+82.9%

Summary: Quincy Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 82.9%.

Median Sold Price Compared To Nearby Cities

Coldwater Township
+15.6%
Quincy Township
+3.0%
Quincy
+2.5%

Housing Supply in Quincy Township, MI

How many homes are available in Quincy Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3226-18.8%

Summary: The Quincy Township real estate market had 26 homes for sale in November 2024, a 18.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 42
-50.0%
3 1311
-15.4%
4 1311
-15.4%
5+ 21
-50.0%

Summary: The Quincy Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
111-90.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quincy Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Quincy Township in November 2024, down by 90.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Quincy Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
63 Days2 Days-96.9%

Summary: Homes in Quincy Township had an average of 2 days on market in Nov 2024, down by 96.9% compared to last year.

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 Quincy Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Quincy 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 17 Days Ago

Newest Listings in Quincy Township, MI

Nearby Markets to Quincy Township, MI

What housing markets are near Quincy Township, MI?