$4,323 Closing Credit*
$364,000
1,200 SqFt
3 Beds
•2 Full Baths
Michelle Hernandez Sarto, Listing Office: LIGHTHOUSE REALTY-Ludington
Housing Prices in Summit Township, MI
How much do homes in Summit Township, MI cost?
Median List Price
$330,000
$307/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$244,450(-42.6%)
Key Takeaway
The list price of homes in Summit Township has decreased by 42.6% since last year.
Summary: The median home list price in Summit Township was $330,000 in October 2024, down 42.6% from the previous year, and the median price per square foot was $307.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $359.4K | +379.3% |
| 2 Bedrooms | $385K | $74.9K | -80.5% |
| 3 Bedrooms | $214.9K | $289.5K | +34.7% |
| 4 Bedrooms | $399K | $1.4M | +264.4% |
| 5+ Bedrooms | $863K | $1.1M | +29.7% |
Summary: Summit Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 379.3%, 2 bedroom homes decreased by 80.5%, 3 bedroom homes increased by 34.7%, 4 bedroom homes increased by 264.4%, and 5+ bedroom homes increased by 29.7%.
Median List Price Compared To Nearby Cities
| Riverton Township | $204.9K | $437.4K | +113.4% |
| Pere Marquette Charter Township | $299.9K | $360K | +20.0% |
| Pentwater Township | $385K | $379.9K | -1.3% |
| Summit Township | $574.4K | $330K | -42.6% |
Housing Supply in Summit Township, MI
How many homes are available in Summit Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Summit Township real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Summit Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 204 Days | 40 Days | -80.0% |
Summary: Homes in Summit Township had an average listing age of 40 days in Oct 2024, down by 80% compared to the previous year.
