$2,613 Closing Credit*
$220,000
1,170 SqFt
4 Beds
•2 Full Baths
Brian Timm, Listing Office: Best Homes of Michigan Allegan
Is Waverly Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Waverly Township has remained a Seller's Market.
Key Takeaway
Waverly Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waverly Township, MI
How much do homes in Waverly Township, MI cost?
Median Sold Price
$325,000
$267/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$15,000(+4.8%)
Key Takeaway
Homes in Waverly Township have sold for 4.8% more than they did a month ago.
Summary: The median home sold price in Waverly Township was $325,000 in October 2024, up 4.8% from last month, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $320K | - | N/A |
| 4 Bedrooms | $300K | $261K | -13.0% |
| 5+ Bedrooms | - | $389K | N/A |
Summary: Waverly Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 13%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Waverly Township | $310K | $325K | +4.8% |
| Arlington Township | $310.9K | $212.5K | -31.7% |
Housing Supply in Waverly Township, MI
How many homes are available in Waverly Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Summary: The Waverly Township real estate market had 8 homes for sale in October 2024, a 20.0% 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 | 4 | 2 | -50.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Waverly 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 Waverly 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 Waverly Township in October 2024, down by 50.0% 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 Waverly Township, MI
How long does it take to sell a home in Waverly Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 27 Days | +22.2% |
Summary: Homes in Waverly Township had an average of 27 days on market in Oct 2024, up by 22.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waverly Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Waverly Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
