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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilson Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wilson Township, MI

How much do homes in Wilson Township, MI cost?

Median Sold Price

$359,500

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$85,750(+31.3%)

Key Takeaway

Homes in Wilson Township have sold for 31.3% more than they did a year ago.

Summary: The median home sold price in Wilson Township was $359,500 in October 2024, up 31.3% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $24K$157.2K
+555.1%
3 $273.7K$271.5K
-0.8%
4 $470K$460K
-2.1%
5+ $1.2M$787.5K
-37.0%

Summary: Wilson Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 555.1%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 37%.

Median Sold Price Compared To Nearby Cities

Boyne Valley Township
+32.0%
Wilson Township
+31.3%
Boyne City
+9.7%

Housing Supply in Wilson Township, MI

How many homes are available in Wilson Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
811+37.5%

Summary: The Wilson Township real estate market had 11 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 37
+133.3%
4 21
-50.0%
5+ 22
0.0%

Summary: The Wilson Township housing inventory by bedroom type for October 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 133.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilson Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Wilson Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Wilson 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 20 Days Ago

Newest Listings in Wilson Township, MI

Nearby Markets to Wilson Township, MI

What housing markets are near Wilson Township, MI?