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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodland Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Woodland Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Woodland Township, MI

How much do homes in Woodland Township, MI cost?

Median Sold Price

$456,300

$208/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$117,300(+34.6%)

Key Takeaway

Homes in Woodland Township have sold for 34.6% more than they did a month ago.

Summary: The median home sold price in Woodland Township was $456,300 in October 2024, up 34.6% from last month, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $240K-
N/A
3 $438K-
N/A
4 -$456.3K
N/A
5+ --
N/A

Summary: Woodland 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Woodland Township, MI

How many homes are available in Woodland Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The Woodland Township real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 10
-100.0%
4 44
0.0%
5+ 13
+200.0%

Summary: The Woodland 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodland Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Woodland Township in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Woodland Township, MI

How long does it take to sell a home in Woodland Township, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
15 Days6 Days-61.3%

Summary: Homes in Woodland Township had an average of 6 days on market in Oct 2024, down by 61.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Woodland Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Woodland Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Woodland Township, MI

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