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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilmot Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Wilmot Township, MI

How much do homes in Wilmot Township, MI cost?

Median Sold Price

$237,750

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,250(+23.5%)

Key Takeaway

Homes in Wilmot Township have sold for 23.5% more than they did a year ago.

Summary: The median home sold price in Wilmot Township was $237,750 in November 2024, up 23.5% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $117.4K$237.7K
+102.4%
3 $195K$226.5K
+16.2%
4 $216K-
N/A
5+ --
N/A

Summary: Wilmot 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 increased by 102.4%, 3 bedroom homes increased by 16.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wilmot Township, MI

How many homes are available in Wilmot Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
32-33.3%

Summary: The Wilmot Township real estate market had 2 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Wilmot 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilmot Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Wilmot Township in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wilmot Township, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Wilmot Township, MI

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