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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodstock Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Woodstock Township, MI

How much do homes in Woodstock Township, MI cost?

Median Sold Price

$214,500

$180/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$107,000(-33.3%)

Key Takeaway

Homes in Woodstock Township have sold for 33.3% less than they did a month ago.

Summary: The median home sold price in Woodstock Township was $214,500 in October 2024, down 33.3% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $60K$190K
+216.7%
3 $192.4K$202K
+5.0%
4 $464K$500K
+7.8%
5+ $1.1M-
N/A

Summary: Woodstock 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 increased by 216.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes did not change.

Housing Supply in Woodstock Township, MI

How many homes are available in Woodstock Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2118-14.3%

Summary: The Woodstock Township real estate market had 18 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1111
0.0%
4 53
-40.0%
5+ 21
-50.0%

Summary: The Woodstock 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodstock 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 6 homes were sold or pending in Woodstock Township in October 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Woodstock Township, MI

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

Average Sale Time

Sep 2024Oct 2024CHANGE
29 Days52 Days+82.2%

Summary: Homes in Woodstock Township had an average of 52 days on market in Oct 2024, up by 82.2% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Woodstock Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

Newest Listings in Woodstock Township, MI

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