$3,799 Closing Credit*
$319,900
1,222 SqFt
2 Beds
•1 Full Bath, 1 Partial
Danielle Grostick, Listing Office: Real Estate One
Is Willis, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Willis has remained a Seller's Market.
Key Takeaway
Willis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willis, MI
How much do homes in Willis, MI cost?
Median Sold Price
$315,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$32,000(+11.3%)
Key Takeaway
Homes in Willis have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Willis was $315,000 in September 2024, up 11.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $283K | - | N/A |
| 2 Bedrooms | $166.5K | $250K | +50.2% |
| 3 Bedrooms | $280K | $298.7K | +6.7% |
| 4 Bedrooms | $310K | $465K | +50.0% |
| 5+ Bedrooms | $375K | $500K | +33.3% |
Summary: Willis housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50.2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
| London Township | $231K | $294K | +27.3% |
| Exeter Township | $254.9K | $310K | +21.6% |
| Willis | $283K | $315K | +11.3% |
| Sumpter Township | $270K | $283.5K | +5.0% |
| Augusta Charter Township | $335K | $345.5K | +3.1% |
Housing Supply in Willis, MI
How many homes are available in Willis, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Summary: The Willis real estate market had 14 homes for sale in September 2024, a 55.6% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 10 | +100.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Willis housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willis, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Willis in September 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Willis, MI
How long does it take to sell a home in Willis, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 12 Days | 40 Days | +238.3% |
Summary: Homes in Willis had an average of 40 days on market in Sep 2024, up by 238.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Willis are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in Willis; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
