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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williamstown Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Williamstown Township, MI

How much do homes in Williamstown Township, MI cost?

Median Sold Price

$434,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,000(+5.9%)

Key Takeaway

Homes in Williamstown Township have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Williamstown Township was $434,000 in November 2024, up 5.9% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $225K$231.2K
+2.8%
2 $245K$227.7K
-7.0%
3 $293.7K$301K
+2.5%
4 $529.2K$500K
-5.5%
5+ $585.7K$775K
+32.3%

Summary: Williamstown Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 32.3%.

Median Sold Price Compared To Nearby Cities

Williamston
+7.0%
Williamstown Township
+5.9%
Haslett
+2.2%

Housing Supply in Williamstown Township, MI

How many homes are available in Williamstown Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2117-19.0%

Summary: The Williamstown Township real estate market had 17 homes for sale in November 2024, a 19.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 43
-25.0%
3 56
+20.0%
4 85
-37.5%
5+ 20
-100.0%

Summary: The Williamstown Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Williamstown Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Williamstown Township in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Williamstown Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days5 Days-88.0%

Summary: Homes in Williamstown Township had an average of 5 days on market in Nov 2024, down by 88% compared to last year.

Breakdown of Home Sale Times

4 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 Williamstown Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Williamstown 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 21 Days Ago

Newest Listings in Williamstown Township, MI

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