$1,283 Closing Credit*
$108,000
1,299 SqFt
3 Beds
•1 Full Bath
Jasna M Hoyt, Listing Office: Hoyt Real Estate Inc
Is Warren Township, 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, Warren Township has remained a Seller's Market.
Key Takeaway
Warren Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Warren Township, MI
How much do homes in Warren Township, MI cost?
Median Sold Price
$190,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,605(+8.3%)
Key Takeaway
Homes in Warren Township have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Warren Township was $190,000 in November 2024, up 8.3% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $82K | -3.5% |
| 2 Bedrooms | $110K | $123K | +11.8% |
| 3 Bedrooms | $195K | $224K | +14.9% |
| 4 Bedrooms | $230K | $245K | +6.5% |
| 5+ Bedrooms | $210K | $204K | -2.9% |
Summary: Warren Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Cities
| Warren Township | $175.3K | $190K | +8.3% |
| Beaverton Township | $170.5K | $179.9K | +5.5% |
Housing Supply in Warren Township, MI
How many homes are available in Warren Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 571 | 535 | -6.3% |
Summary: The Warren Township real estate market had 535 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 14 | 0.0% |
| 2 Bedrooms | 133 | 114 | -14.3% |
| 3 Bedrooms | 342 | 324 | -5.3% |
| 4 Bedrooms | 76 | 75 | -1.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Warren 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 14.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 178 | 138 | -22.5% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warren Township, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 138 homes were sold or pending in Warren Township in November 2024, down by 22.5% month-over-month. Of the 138 sold homes, 39% were sold under asking, 25% were sold at asking, and 36% were sold over asking.
Days on Market for Warren Township, MI
How long does it take to sell a home in Warren Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 27 Days | +32.0% |
Summary: Homes in Warren Township had an average of 27 days on market in Nov 2024, up by 32% compared to last year.
Breakdown of Home Sale Times
96 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Warren Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 138 homes were sold in Warren Township; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% 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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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.