$4,358 Closing Credit*
$367,000
1,443 SqFt
7 Beds
•3 Full Baths
Brenda J Gartzke, Listing Office: RE/MAX United (Beltline)
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
$405,000
$296/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$42,500(+11.7%)
Key Takeaway
Homes in Winfield Township have sold for 11.7% more than they did a month ago.
Summary: The median home sold price in Winfield Township was $405,000 in October 2024, up 11.7% from last month, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $407.5K | - | N/A |
| 3 Bedrooms | $450K | $405K | -10.0% |
| 4 Bedrooms | $269.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Winfield Township housing prices by bedroom type for October 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 10%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Maple Valley Township | $300K | $410K | +36.7% |
| Winfield Township | $362.5K | $405K | +11.7% |
| Coral | $475K | $397.5K | -16.3% |
Housing Supply in Winfield Township, MI
How many homes are available in Winfield Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Winfield Township real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Winfield 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 decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Winfield Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Winfield Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 46 Days | +75.5% |
Summary: Homes in Winfield Township had an average of 46 days on market in Oct 2024, up by 75.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Winfield Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Winfield Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
