$2,375 Closing Credit*
$200,000
1,660 SqFt
1 Bed
•1 Full Bath
Bob Budreau, Listing Office: GREENRIDGE Realty-Ludington
Housing Prices in Summit Township, MI
How much do homes in Summit Township, MI cost?
Median List Price
$350,000
$303/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$399,950(-53.3%)
Key Takeaway
The list price of homes in Summit Township has decreased by 53.3% since last year.
Summary: The median home list price in Summit Township was $350,000 in November 2024, down 53.3% from the previous year, and the median price per square foot was $303.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $349.4K | +365.9% |
| 2 Bedrooms | $385K | $59.9K | -84.4% |
| 3 Bedrooms | $187.4K | $289.5K | +54.4% |
| 4 Bedrooms | $399K | $1.4M | +264.4% |
| 5+ Bedrooms | $863K | $1.1M | +29.7% |
Summary: Summit Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 365.9%, 2 bedroom homes decreased by 84.4%, 3 bedroom homes increased by 54.4%, 4 bedroom homes increased by 264.4%, and 5+ bedroom homes increased by 29.7%.
Median List Price Compared To Nearby Cities
| Riverton Township | $209.9K | $437.4K | +108.4% |
| Pere Marquette Charter Township | $349K | $355K | +1.7% |
| Pentwater Township | $425K | $375K | -11.8% |
| Summit Township | $749.9K | $350K | -53.3% |
Housing Supply in Summit Township, MI
How many homes are available in Summit Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Summit Township real estate market had 7 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Summit 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Summit Township, MI
How long does it take to sell a home in Summit Township, MI?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 204 Days | 90 Days | -55.5% |
Summary: Homes in Summit Township had an average listing age of 90 days in Nov 2024, down by 55.5% compared to the previous year.
