$4,156 Closing Credit*
$350,000
2,010 SqFt
3 Beds
•1 Full Bath
Amy Murphy, Listing Office: Keller Williams Realty Lansing-East
Is Waterloo Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Waterloo Township was a Seller's Market.
Key Takeaway
Waterloo Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Waterloo Township, MI
How much do homes in Waterloo Township, MI cost?
Median Sold Price
$299,900
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,100(-11.8%)
Key Takeaway
Homes in Waterloo Township have sold for 11.8% less than they did a year ago.
Summary: The median home sold price in Waterloo Township was $299,900 in November 2024, down 11.8% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $129K | N/A |
| 2 Bedrooms | $135K | $172.7K | +27.9% |
| 3 Bedrooms | $310K | $299.9K | -3.3% |
| 4 Bedrooms | $534K | $505K | -5.4% |
| 5+ Bedrooms | $382.5K | $427K | +11.6% |
Summary: Waterloo Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Cities
| Lyndon Township | $381K | $509K | +33.6% |
| Stockbridge Township | $255K | $275K | +7.8% |
| Henrietta Township | $235.5K | $250K | +6.2% |
| Waterloo Township | $340K | $299.9K | -11.8% |
Housing Supply in Waterloo Township, MI
How many homes are available in Waterloo Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The Waterloo Township real estate market had 15 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Waterloo 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waterloo Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Waterloo Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Waterloo Township, MI
How long does it take to sell a home in Waterloo Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 80 Days | +48.1% |
Summary: Homes in Waterloo Township had an average of 80 days on market in Nov 2024, up by 48.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Waterloo Township has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Waterloo Township; 0% of homes were sold within 30 days, 100% 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.