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 November 2023

At the same time last year, Wilson Township was a Neutral 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

$307,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,625(+11.1%)

Key Takeaway

Homes in Wilson Township have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Wilson Township was $307,000 in November 2024, up 11.1% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $24K$157.2K
+555.1%
3 $282.7K$252K
-10.9%
4 $470K$435K
-7.4%
5+ $1.2M$787.5K
-37.0%

Summary: Wilson 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 555.1%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 37%.

Median Sold Price Compared To Nearby Cities

Wilson Township
+11.1%
Boyne City
+8.6%

Housing Supply in Wilson Township, MI

How many homes are available in Wilson Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1110-9.1%

Summary: The Wilson Township real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 11
0.0%
5+ 21
-50.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were 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 Wilson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wilson Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 21 Days Ago

Newest Listings in Wilson Township, MI

Nearby Markets to Wilson Township, MI

What housing markets are near Wilson Township, MI?