$3,557 Closing Credit*
$299,500
2,602 SqFt
2 Beds
•2 Full Baths
Timothy M Todd, Timothy J Todd, Listing Office: Target Realty Group LLC
Is Walker, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$325,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.2%)
Key Takeaway
Homes in Walker have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Walker was $325,000 in November 2024, up 3.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $209.9K | +147.0% |
| 2 Bedrooms | $241K | $275K | +14.1% |
| 3 Bedrooms | $320K | $320K | 0.0% |
| 4 Bedrooms | $348.2K | $385K | +10.6% |
| 5+ Bedrooms | $495K | $515K | +4.0% |
Summary: Walker housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 147%, 2 bedroom homes increased by 14.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
| Alpine Township | $272.5K | $300K | +10.1% |
| Grand Rapids | $288K | $310K | +7.6% |
| Grandville | $335.5K | $359K | +7.0% |
| Wyoming | $250K | $264.9K | +6.0% |
| Walker | $315K | $325K | +3.2% |
Housing Supply in Walker, MI
How many homes are available in Walker, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 42 | -12.5% |
Summary: The Walker real estate market had 42 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 26 | 18 | -30.8% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Walker 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 increased by 150%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walker, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Walker in November 2024, up by 11.1% month-over-month. Of the 20 sold homes, 45% were sold under asking, 15% were sold at asking, and 40% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 10 Days | -38.5% |
Summary: Homes in Walker had an average of 10 days on market in Nov 2024, down by 38.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were 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 November 2024, 20 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.
