Housing Prices in Garfield Township, MI
How much do homes in Garfield Township, MI cost?
Median List Price
$287,500
$211/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Garfield Township has increased by 9.5% since last year.
Summary: The median home list price in Garfield Township was $287,500 in May 2024, up 9.5% from the previous year, and the median price per square foot was $211.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $322.5K | $325K | +0.8% |
| 2 Bedrooms | $250K | $300K | +20.0% |
| 3 Bedrooms | $249.9K | $249.9K | 0.0% |
| 4 Bedrooms | $379K | $459K | +21.1% |
| 5+ Bedrooms | $335K | $229K | -31.6% |
Summary: Garfield Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 20%, 3 bedroom homes did not change, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 31.6%.
Median List Price Compared To Nearby Cities
| Brooks Township | $250K | $347.4K | +39.0% |
| Newaygo | $249.9K | $294.9K | +18.0% |
| Sherman Township | $190K | $213.5K | +12.4% |
| Garfield Township | $262.5K | $287.5K | +9.5% |
| Ashland Township | $222.5K | $209.7K | -5.7% |
Housing Supply in Garfield Township, MI
How many homes are available in Garfield Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Garfield Township real estate market had 4 homes for sale in May 2024, a 33.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Garfield Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Garfield Township, MI
How long does it take to sell a home in Garfield Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 113 Days | 87 Days | -22.9% |
Summary: Homes in Garfield Township had an average listing age of 87 days in May 2024, down by 22.9% compared to the previous year.
