$5,225 Closing Credit*
$440,000
1,700 SqFt
3 Beds
•2 Full Baths
Holly Gray, Listing Office: REO-TCFront-233021
Is Springdale Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Springdale Township has remained a Seller's Market.
Key Takeaway
Springdale Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Springdale Township, MI
How much do homes in Springdale Township, MI cost?
Median Sold Price
$395,750
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$205,750(+108.3%)
Key Takeaway
Homes in Springdale Township have sold for 108.3% more than they did a year ago.
Summary: The median home sold price in Springdale Township was $395,750 in November 2024, up 108.3% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.2K | $69.5K | -63.3% |
| 2 Bedrooms | $240K | $250.7K | +4.5% |
| 3 Bedrooms | $165K | $459K | +178.2% |
| 4 Bedrooms | - | $584.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Springdale Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.3%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 178.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Springdale Township | $190K | $395.7K | +108.3% |
| Thompsonville | $227.5K | $327.7K | +44.1% |
| Weldon Township | $251K | $314K | +25.1% |
Housing Supply in Springdale Township, MI
How many homes are available in Springdale Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Springdale Township real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Springdale Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Springdale Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Springdale Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Springdale Township, MI
How long does it take to sell a home in Springdale Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 111 Days | 48 Days | -57.0% |
Summary: Homes in Springdale Township had an average of 48 days on market in Nov 2024, down by 57% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Springdale Township has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Springdale Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
