$2,255 Closing Credit*
$189,900
2,998 SqFt
4 Beds
•3 Full Baths
Drew Pursley, Listing Office: Gateway Brokerage
Is Surrey Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Surrey Township has remained a Seller's Market.
Key Takeaway
Surrey Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Surrey Township, MI
How much do homes in Surrey Township, MI cost?
Median Sold Price
$94,500
$111/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$113,000(-54.5%)
Key Takeaway
Homes in Surrey Township have sold for 54.5% less than they did a month ago.
Summary: The median home sold price in Surrey Township was $94,500 in November 2024, down 54.5% from last month, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $30K | -40.0% |
| 2 Bedrooms | $112.4K | $90K | -20.0% |
| 3 Bedrooms | $231K | $139.3K | -39.7% |
| 4 Bedrooms | $300K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Surrey Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 39.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Surrey Township, MI
How many homes are available in Surrey Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 32 | -17.9% |
Summary: The Surrey Township real estate market had 32 homes for sale in November 2024, a 17.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 22 | 16 | -27.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Surrey 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 8.3%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Surrey Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Surrey Township in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Surrey Township, MI
How long does it take to sell a home in Surrey Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 Days | 56 Days | -36.6% |
Summary: Homes in Surrey Township had an average of 56 days on market in Nov 2024, down by 36.6% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Surrey Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Surrey Township; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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