$4,738 Closing Credit*
$399,000
3,000 SqFt
3 Beds
•21 Baths
Kati Ross, Listing Office: RE/MAX TOGETHER
Is Wexford 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, Wexford Township has remained a Seller's Market.
Key Takeaway
Wexford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wexford Township, MI
How much do homes in Wexford Township, MI cost?
Median Sold Price
$315,000
$186/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$74,900(-19.2%)
Key Takeaway
Homes in Wexford Township have sold for 19.2% less than they did a month ago.
Summary: The median home sold price in Wexford Township was $315,000 in November 2024, down 19.2% from last month, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $315K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $389.9K | - | N/A |
Summary: Wexford Township housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cleon Township | $110K | $299.9K | +172.6% |
| Hanover Township | $255.1K | $326K | +27.8% |
| Wexford Township | $389.9K | $315K | -19.2% |
Housing Supply in Wexford Township, MI
How many homes are available in Wexford Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Wexford Township real estate market had 4 homes for sale in November 2024, a 20.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Wexford 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wexford Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Wexford Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Wexford Township, MI
How long does it take to sell a home in Wexford Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 115 Days | +167.4% |
Summary: Homes in Wexford Township had an average of 115 days on market in Nov 2024, up by 167.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wexford Township has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Wexford Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
