Is Antwerp Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Antwerp Township has remained a Seller's Market.
Key Takeaway
Antwerp Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Antwerp Township, MI
How much do homes in Antwerp Township, MI cost?
Median Sold Price
$295,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Antwerp Township have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Antwerp Township was $295,000 in May 2024, up 2.8% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $51.2K | $83K | +61.9% |
| 2 Bedrooms | $150K | $150K | 0.0% |
| 3 Bedrooms | $253K | $285K | +12.6% |
| 4 Bedrooms | $329K | $315K | -4.3% |
| 5+ Bedrooms | $338K | $440K | +30.2% |
Summary: Antwerp Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 30.2%.
Median Sold Price Compared To Nearby Cities
| Lawton | $271K | $294K | +8.5% |
| Mattawan | $325K | $350K | +7.7% |
| Paw Paw | $229K | $245K | +7.0% |
| Antwerp Township | $287K | $295K | +2.8% |
| Almena Township | $350K | $342.4K | -2.2% |
Housing Supply in Antwerp Township, MI
How many homes are available in Antwerp Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The Antwerp Township real estate market had 28 homes for sale in May 2024, a 3.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Antwerp Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Antwerp Township, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Antwerp Township in May 2024, up by 62.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Antwerp Township, MI
How long does it take to sell a home in Antwerp Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 52 Days | 18 Days | -63.9% |
Summary: Homes in Antwerp Township had an average of 18 days on market in May 2024, down by 63.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Antwerp Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Antwerp Township; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
