$999,000
18.53 Acres
Land
Todd Lands, Listing Office: The Charles Reinhart Company
Is Webster 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, Webster Township was a Seller's Market.
Key Takeaway
Webster Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Webster Township, MI
How much do homes in Webster Township, MI cost?
Median Sold Price
$580,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+9.4%)
Key Takeaway
Homes in Webster Township have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Webster Township was $580,000 in November 2024, up 9.4% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $456.2K | $320K | -29.9% |
| 3 Bedrooms | $428.5K | $532.5K | +24.3% |
| 4 Bedrooms | $530K | $575K | +8.5% |
| 5+ Bedrooms | $747.4K | $648.7K | -13.2% |
Summary: Webster 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 decreased by 29.9%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 13.2%.
Median Sold Price Compared To Nearby Cities
| Whitmore Lake | $365K | $410K | +12.3% |
| Webster Township | $530K | $580K | +9.4% |
| Hamburg Township | $400K | $421.5K | +5.4% |
| Dexter | $488.2K | $502.9K | +3.0% |
| Scio Township | $540.7K | $555K | +2.6% |
Housing Supply in Webster Township, MI
How many homes are available in Webster Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 28 | -17.6% |
Summary: The Webster Township real estate market had 28 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Webster 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 2 | -80.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 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. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Webster Township in November 2024, down by 80.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 35 Days | -54.8% |
Summary: Homes in Webster Township had an average of 35 days on market in Nov 2024, down by 54.8% compared to last year.
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 Webster Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Webster 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.
