$7,422 Closing Credit*
$625,000
3,018 SqFt
4 Beds
•2 Full Baths, 1 Partial
Julie M Benson, Listing Office: Preview Properties PC
Is Webster Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Webster Township has remained a Seller's Market.
Key Takeaway
Webster Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Webster Township, MI
How much do homes in Webster Township, MI cost?
Median Sold Price
$575,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+12.7%)
Key Takeaway
Homes in Webster Township have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Webster Township was $575,000 in October 2024, up 12.7% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $456.2K | $320K | -29.9% |
| 3 Bedrooms | $438.7K | $520K | +18.5% |
| 4 Bedrooms | $514K | $575K | +11.9% |
| 5+ Bedrooms | $694.9K | $662.5K | -4.7% |
Summary: Webster Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.9%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Webster Township | $510K | $575K | +12.7% |
| Hamburg Township | $395K | $425K | +7.6% |
| Whitmore Lake | $365K | $390K | +6.8% |
| Dexter | $481.8K | $500K | +3.8% |
| Scio Township | $549.6K | $533.8K | -2.9% |
Housing Supply in Webster Township, MI
How many homes are available in Webster Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Summary: The Webster Township real estate market had 34 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Webster 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Webster Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Webster Township in October 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Webster Township, MI
How long does it take to sell a home in Webster Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 44 Days | +2.9% |
Summary: Homes in Webster Township had an average of 44 days on market in Oct 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Webster Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Webster Township; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
