$1,900 Closing Credit*
$160,000
1,248 SqFt
3 Beds
•1 Full Bath
Michelle Bundy, Listing Office: Century 21 Metro Brokers-Davison
Housing Prices in Silverwood, MI
How much do homes in Silverwood, MI cost?
Median List Price
$136,900
$99/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$27,650(+25.3%)
Key Takeaway
The list price of homes in Silverwood has increased by 25.3% since last year.
Summary: The median home list price in Silverwood was $136,900 in October 2024, up 25.3% from the previous year, and the median price per square foot was $99.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87K | $87K | 0.0% |
| 2 Bedrooms | $79.9K | $177.4K | +121.9% |
| 3 Bedrooms | $131.5K | $114.9K | -12.6% |
| 4 Bedrooms | $139K | $420K | +202.2% |
| 5+ Bedrooms | - | $187.5K | N/A |
Summary: Silverwood 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 121.9%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 202.2%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Dayton Township | $138.2K | $236.9K | +71.4% |
| Silverwood | $109.2K | $136.9K | +25.3% |
| Koylton Township | $225K | $280K | +24.4% |
| Rich Township | $214.4K | $260K | +21.2% |
| Burlington Township | $190K | $199.9K | +5.2% |
Housing Supply in Silverwood, MI
How many homes are available in Silverwood, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Silverwood real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Silverwood 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Silverwood, MI
How long does it take to sell a home in Silverwood, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 190 Days | 240 Days | +26.7% |
Summary: Homes in Silverwood had an average listing age of 240 days in Oct 2024, up by 26.7% compared to the previous year.
