$5,500
0.64 Acres
Land
Lee Anne Scharffe, Listing Office: Berkshire Hathaway Homeservices Indian River
Is Wolverine, 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, Wolverine has remained a Seller's Market.
Key Takeaway
Wolverine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wolverine, MI
How much do homes in Wolverine, MI cost?
Median Sold Price
$450,000
$253/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$315,000(+233.3%)
Key Takeaway
Homes in Wolverine have sold for 233.3% more than they did a month ago.
Summary: The median home sold price in Wolverine was $450,000 in November 2024, up 233.3% from last month, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103K | - | N/A |
| 2 Bedrooms | $192.7K | $585K | +203.5% |
| 3 Bedrooms | - | $315K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Wolverine 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 increased by 203.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Nunda Township | $135K | $585K | +333.3% |
| Wolverine | $135K | $450K | +233.3% |
Housing Supply in Wolverine, MI
How many homes are available in Wolverine, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Wolverine real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wolverine housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wolverine, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Wolverine in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Wolverine, MI
We’re sorry, we don't have information for this market at the moment
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