$8,549 Closing Credit*
$719,900
3,200 SqFt
6 Beds
•4 Full Baths
Donald Fedrigon, Listing Office: REMAX Of Elk Rapids
Is Whitewater Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 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
$615,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$210,000(+51.9%)
Key Takeaway
Homes in Whitewater Township have sold for 51.9% more than they did a year ago.
Summary: The median home sold price in Whitewater Township was $615,000 in November 2024, up 51.9% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $373K | $310K | -16.9% |
| 3 Bedrooms | $387K | $530K | +37.0% |
| 4 Bedrooms | $628K | $710K | +13.1% |
| 5+ Bedrooms | $1.0M | $2.5M | +151.9% |
Summary: Whitewater 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 16.9%, 3 bedroom homes increased by 37%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 151.9%.
Median Sold Price Compared To Nearby Cities
| Whitewater Township | $405K | $615K | +51.9% |
| Williamsburg | $410.4K | $577.5K | +40.7% |
| Acme Township | $399K | $499.9K | +25.3% |
| Clearwater Township | $300K | $330K | +10.0% |
| Rapid City | $395K | $418.7K | +6.0% |
Housing Supply in Whitewater Township, MI
How many homes are available in Whitewater Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The Whitewater Township real estate market had 18 homes for sale in November 2024, a 12.5% increase 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Whitewater 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 increased by 200%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 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 Whitewater Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Whitewater Township in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 92 Days | 116 Days | +26.2% |
Summary: Homes in Whitewater Township had an average of 116 days on market in Nov 2024, up by 26.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Whitewater Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Whitewater Township; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
