$950 Closing Credit*
$80,000
780 SqFt
1 Bed
•1 Full Bath
Sarah Mahoney, Listing Office: Essential Real Estate
Is Springdale Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Springdale Township was a Seller's Market.
Key Takeaway
Springdale Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Springdale Township, MI
How much do homes in Springdale Township, MI cost?
Median Sold Price
$835,000
$208/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$600,000(+255.3%)
Key Takeaway
Homes in Springdale Township have sold for 255.3% more than they did a month ago.
Summary: The median home sold price in Springdale Township was $835,000 in December 2024, up 255.3% from last month, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $235K | - | N/A |
| 4 Bedrooms | - | $835K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Springdale Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Springdale Township | $235K | $835K | +255.3% |
| Maple Grove Township | $182.9K | $270K | +47.6% |
| Thompsonville | $584.9K | $209.5K | -64.2% |
| Weldon Township | $690K | $209.5K | -69.6% |
Housing Supply in Springdale Township, MI
How many homes are available in Springdale Township, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Springdale Township real estate market had 8 homes for sale in December 2024, a 11.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Springdale Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Springdale Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Springdale Township in December 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 48 Days | 156 Days | +225.0% |
Summary: Homes in Springdale Township had an average of 156 days on market in Dec 2024, up by 225% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Springdale Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 1 homes were sold in Springdale Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
