Is Convis Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Convis Township was a Seller's Market.
Key Takeaway
Convis Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Convis Township, MI
How much do homes in Convis Township, MI cost?
Median Sold Price
$303,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Convis Township have sold for 24.7% more than they did a year ago.
Summary: The median home sold price in Convis Township was $303,000 in May 2024, up 24.7% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42K | - | N/A |
| 2 Bedrooms | $235K | $275K | +17.0% |
| 3 Bedrooms | $243K | $303K | +24.7% |
| 4 Bedrooms | $350K | $334K | -4.6% |
| 5+ Bedrooms | $115K | $330K | +187.0% |
Summary: Convis Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 24.7%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 187%.
Median Sold Price Compared To Nearby Cities
| Convis Township | $243K | $303K | +24.7% |
| Bellevue Township | $175K | $204K | +16.6% |
| Marshall Township | $215K | $240K | +11.6% |
Housing Supply in Convis Township, MI
How many homes are available in Convis Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Summary: The Convis Township real estate market had 9 homes for sale in May 2024, a 80.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Convis Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Convis Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Convis Township in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Convis Township, MI
How long does it take to sell a home in Convis Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 89 Days | 33 Days | -62.9% |
Summary: Homes in Convis Township had an average of 33 days on market in May 2024, down by 62.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Convis Township has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Convis Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.