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 Last Month

Since last month, 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

$218,300

$184/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$41,700(-16.0%)

Key Takeaway

Homes in Whiteford Township have sold for 16% less than they did a month ago.

Summary: The median home sold price in Whiteford Township was $218,300 in November 2024, down 16% from last month, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $67.7K-
N/A
3 $235K$218.3K
-7.1%
4 $285K-
N/A
5+ $637.5K-
N/A

Summary: Whiteford 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 decreased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ottawa Lake
-9.0%
Whiteford Township
-16.0%

Housing Supply in Whiteford Township, MI

How many homes are available in Whiteford Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1210-16.7%

Summary: The Whiteford Township real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 56
+20.0%
4 32
-33.3%
5+ 21
-50.0%

Summary: The Whiteford 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 decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whiteford Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Whiteford Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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 2024Nov 2024CHANGE
28 Days11 Days-59.3%

Summary: Homes in Whiteford Township had an average of 11 days on market in Nov 2024, down by 59.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were 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 November 2024, 2 homes were sold in Whiteford Township; 100% of homes were sold within 30 days, 0% 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 Whiteford Township, MI

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