$49,900
2.71 Acres
Land
Evan M DeVisser, Bradley Baker, Listing Office: Greenridge Realty (EGR)
Is Winfield Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Winfield Township has remained a Seller's Market.
Key Takeaway
Winfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winfield Township, MI
How much do homes in Winfield Township, MI cost?
Median Sold Price
$252,000
$201/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$153,000(-37.8%)
Key Takeaway
Homes in Winfield Township have sold for 37.8% less than they did a month ago.
Summary: The median home sold price in Winfield Township was $252,000 in November 2024, down 37.8% from last month, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $405K | $213K | -47.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $460K | N/A |
Summary: Winfield Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 47.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Winfield Township | $405K | $252K | -37.8% |
| Maple Valley Township | $295K | $175K | -40.7% |
| Coral | $397.5K | $175K | -56.0% |
Housing Supply in Winfield Township, MI
How many homes are available in Winfield Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Winfield Township real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Winfield 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winfield Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Winfield Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Winfield Township, MI
How long does it take to sell a home in Winfield Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 48 Days | -19.4% |
Summary: Homes in Winfield Township had an average of 48 days on market in Nov 2024, down by 19.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Winfield Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Winfield Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
