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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whiteford Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Whiteford Township, MI

How much do homes in Whiteford Township, MI cost?

Median Sold Price

$264,900

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,850(-7.0%)

Key Takeaway

Homes in Whiteford Township have sold for 7% less than they did a year ago.

Summary: The median home sold price in Whiteford Township was $264,900 in October 2024, down 7% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $106K-
N/A
2 $161K$175K
+8.7%
3 $273K$246.7K
-9.6%
4 $520K$285K
-45.2%
5+ $455K$641.2K
+40.9%

Summary: Whiteford 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 increased by 8.7%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 45.2%, and 5+ bedroom homes increased by 40.9%.

Median Sold Price Compared To Nearby Cities

Sylvania
+8.9%
Lambertville
+5.7%
Whiteford Township
-7.0%
Ottawa Lake
-7.5%

Housing Supply in Whiteford Township, MI

How many homes are available in Whiteford Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1012+20.0%

Summary: The Whiteford Township real estate market had 12 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 55
0.0%
4 23
+50.0%
5+ 22
0.0%

Summary: The Whiteford 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

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 Whiteford Township, 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 Whiteford Township in October 2024, up by 50.0% 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 Whiteford Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
114 Days26 Days-76.9%

Summary: Homes in Whiteford Township had an average of 26 days on market in Oct 2024, down by 76.9% 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 Whiteford Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Whiteford Township; 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 16 Days Ago

Newest Listings in Whiteford Township, MI

Nearby Markets to Whiteford Township, MI

What housing markets are near Whiteford Township, MI?