Is Webberville, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webberville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Webberville has remained a Seller's Market.

Key Takeaway

Webberville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Webberville, MI

How much do homes in Webberville, MI cost?

Median Sold Price

$210,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,000(-3.7%)

Key Takeaway

Homes in Webberville have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Webberville was $210,000 in November 2024, down 3.7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $72K-
N/A
2 $167.4K$191.5K
+14.4%
3 $203K$205K
+1.0%
4 $335K$272.4K
-18.7%
5+ $310.8K$329.8K
+6.1%

Summary: Webberville 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 14.4%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 18.7%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Cities

Leroy Township
+7.5%
Webberville
-3.7%

Housing Supply in Webberville, MI

How many homes are available in Webberville, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11110.0%

Summary: The Webberville real estate market had 11 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 32
-33.3%
5+ 11
0.0%

Summary: The Webberville 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webberville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Webberville in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Webberville, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days22 Days+148.1%

Summary: Homes in Webberville had an average of 22 days on market in Nov 2024, up by 148.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Webberville; 67% of homes were sold within 30 days, 33% 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 Webberville, MI

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