Is Webber Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webber Township is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Webber Township has remained a Neutral Market.

Key Takeaway

Webber Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Webber Township, MI

How much do homes in Webber Township, MI cost?

Median Sold Price

$89,900

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,100(-5.4%)

Key Takeaway

Homes in Webber Township have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in Webber Township was $89,900 in October 2024, down 5.4% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $153K$130K
-15.0%
2 $60K$75K
+25.0%
3 $119K$128K
+7.6%
4 $299.9K-
N/A
5+ -$27.5K
N/A

Summary: Webber Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 7.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Baldwin
+3.8%
Webber Township
-5.4%

Housing Supply in Webber Township, MI

How many homes are available in Webber Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1514-6.7%

Summary: The Webber Township real estate market had 14 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 54
-20.0%
3 77
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Webber Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webber 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 Webber Township in October 2024, down by 33.3% 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 Webber Township, MI

How long does it take to sell a home in Webber Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
139 Days11 Days-92.1%

Summary: Homes in Webber Township had an average of 11 days on market in Oct 2024, down by 92.1% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Webber Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Webber 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Webber Township, MI

Nearby Markets to Webber Township, MI

What housing markets are near Webber Township, MI?