$1,366 Closing Credit*
$115,000
770 SqFt
3 Beds
•1 Full Bath
Julie Harmon, Listing Office: WEICHERT, REALTORS- Emerald Properties
Is Walton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Walton Township was a Buyer's Market.
Key Takeaway
Walton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walton Township, MI
How much do homes in Walton Township, MI cost?
Median Sold Price
$224,500
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,000(+0.4%)
Key Takeaway
The sold price of homes in Walton Township has remained the same since last year.
Summary: The median home sold price in Walton Township was $224,500 in October 2024, up 0.4% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184K | - | N/A |
| 2 Bedrooms | $170K | $175.5K | +3.2% |
| 3 Bedrooms | $232K | $224.5K | -3.2% |
| 4 Bedrooms | $294K | $234.5K | -20.2% |
| 5+ Bedrooms | $263K | $280K | +6.5% |
Summary: Walton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Bellevue Township | $194.6K | $210K | +7.9% |
| Walton Township | $223.5K | $224.5K | 0.4% |
Housing Supply in Walton Township, MI
How many homes are available in Walton Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Walton Township real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Walton Township housing inventory by bedroom type for October 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 decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Walton Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Walton Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Walton Township, MI
How long does it take to sell a home in Walton Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 17 Days | +183.3% |
Summary: Homes in Walton Township had an average of 17 days on market in Oct 2024, up by 183.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walton Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Walton Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.