Is Williamstown Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Williamstown Township has remained a Seller's Market.
Housing Prices in Williamstown Township, MI
How much do homes in Williamstown Township, MI cost?
Median Sold Price
$357,900
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Williamstown Township was $357,900 in May 2024, up 6.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $216K | $230K | +6.5% |
2 Bedrooms | $181K | $244.2K | +34.9% |
3 Bedrooms | $284.7K | $316.5K | +11.2% |
4 Bedrooms | $460K | $507.5K | +10.3% |
5+ Bedrooms | $637.5K | $553.2K | -13.2% |
Summary: Williamstown Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 34.9%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 13.2%.
Median Sold Price Compared To Nearby Cities
Haslett | $274K | $297.5K | +8.6% |
Williamstown Township | $335K | $357.9K | +6.8% |
Williamston | $290K | $289K | -0.3% |
Housing Supply in Williamstown Township, MI
How many homes are available in Williamstown Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Summary: The Williamstown Township real estate market had 22 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Williamstown Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Williamstown Township in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 37 Days | +105.5% |
Summary: Homes in Williamstown Township had an average of 37 days on market in May 2024, up by 105.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Williamstown Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.