$29,900
0.63 Acres
Land
Tony DeBartolo, Listing Office: DeBartolo Realty
Is Walker, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Walker has remained a Seller's Market.
Key Takeaway
Walker is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walker, MI
How much do homes in Walker, MI cost?
Median Sold Price
$328,050
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$12,050(+3.8%)
Key Takeaway
Homes in Walker have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Walker was $328,050 in December 2024, up 3.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $245K | $275K | +12.2% |
| 3 Bedrooms | $322.2K | $323.4K | 0.4% |
| 4 Bedrooms | $339.2K | $390K | +15.0% |
| 5+ Bedrooms | $495K | $515K | +4.0% |
Summary: Walker housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
| Grandville | $331.7K | $357.1K | +7.7% |
| Grand Rapids | $290.1K | $311.5K | +7.4% |
| Alpine Township | $282K | $300K | +6.4% |
| Wyoming | $252.8K | $266.7K | +5.5% |
| Walker | $316K | $328K | +3.8% |
Housing Supply in Walker, MI
How many homes are available in Walker, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 42 | 28 | -33.3% |
Summary: The Walker real estate market had 28 homes for sale in December 2024, a 33.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 18 | 12 | -33.3% |
| 4 Bedrooms | 13 | 6 | -53.8% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Walker housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 10 | -50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walker, 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 Walker in December 2024, down by 50.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Walker, MI
How long does it take to sell a home in Walker, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 13 Days | 12 Days | -6.9% |
Summary: Homes in Walker had an average of 12 days on market in Dec 2024, down by 6.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walker are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 10 homes were sold in Walker; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
