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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitewater Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Whitewater Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Whitewater Township, MI

How much do homes in Whitewater Township, MI cost?

Median Sold Price

$782,500

$578/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$97,500(-11.1%)

Key Takeaway

Homes in Whitewater Township have sold for 11.1% less than they did a month ago.

Summary: The median home sold price in Whitewater Township was $782,500 in December 2024, down 11.1% from last month, and the median price per square foot was $578.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $880K$782.5K
-11.1%
4 $560.6K-
N/A
5+ $2.8M-
N/A

Summary: Whitewater Township housing prices by bedroom type for December 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 11.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Whitewater Township
-11.1%
Clearwater Township
-35.1%
Rapid City
-35.1%

Housing Supply in Whitewater Township, MI

How many homes are available in Whitewater Township, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1311-15.4%

Summary: The Whitewater Township real estate market had 11 homes for sale in December 2024, a 15.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 77
0.0%
4 20
-100.0%
5+ 42
-50.0%

Summary: The Whitewater Township housing inventory by bedroom type for December 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 decreased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
52-60.0%

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 Whitewater 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 Whitewater Township in December 2024, down by 60.0% 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 Whitewater Township, MI

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

Average Sale Time

Nov 2024Dec 2024CHANGE
116 Days88 Days-24.6%

Summary: Homes in Whitewater Township had an average of 88 days on market in Dec 2024, down by 24.6% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Whitewater Township has remained consistent over time.

Summary: During December 2024, 2 homes were sold in Whitewater Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in Whitewater Township, MI

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