$1,661 Closing Credit*
$139,900
1,208 SqFt
3 Beds
•1 Full Bath
Robert Young II, Listing Office: Riverview Realty
Is Zilwaukee, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Zilwaukee was a Seller's Market.
Key Takeaway
Zilwaukee is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Zilwaukee, MI
How much do homes in Zilwaukee, MI cost?
Median Sold Price
$160,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$22,000(+15.9%)
Key Takeaway
Homes in Zilwaukee have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in Zilwaukee was $160,000 in December 2024, up 15.9% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $121K | $132K | +9.1% |
| 3 Bedrooms | $140K | $164.7K | +17.7% |
| 4 Bedrooms | $145K | $137.7K | -5.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Zilwaukee housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 17.7%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Zilwaukee | $138K | $160K | +15.9% |
| Buena Vista Charter Township | $72K | $80K | +11.1% |
| Carrollton Township | $115K | $119.9K | +4.3% |
Housing Supply in Zilwaukee, MI
How many homes are available in Zilwaukee, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Zilwaukee real estate market had 6 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Zilwaukee housing inventory by bedroom type for December 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Zilwaukee, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Zilwaukee in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Zilwaukee, MI
How long does it take to sell a home in Zilwaukee, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 1 Day | 7 Days | +600.0% |
Summary: Homes in Zilwaukee had an average of 7 days on market in Dec 2024, up by 600% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Zilwaukee are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Zilwaukee; 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.
