Is Manlius 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, Manlius Township has remained a Seller's Market.
Housing Prices in Manlius Township, MI
How much do homes in Manlius Township, MI cost?
Median Sold Price
$327,450
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Manlius Township was $327,450 in May 2024, down 5.1% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | - | N/A |
2 Bedrooms | $210K | $251K | +19.5% |
3 Bedrooms | $345K | $293K | -15.1% |
4 Bedrooms | $413K | $442K | +7.0% |
5+ Bedrooms | $465K | $415K | -10.8% |
Summary: Manlius 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 19.5%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 10.8%.
Median Sold Price Compared To Nearby Cities
Heath Township | $347K | $350K | +0.9% |
Hamilton | $342.5K | $337.5K | -1.5% |
Manlius Township | $345K | $327.4K | -5.1% |
Fennville | $357.5K | $327.4K | -8.4% |
Housing Supply in Manlius Township, MI
How many homes are available in Manlius Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Summary: The Manlius Township real estate market had 12 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Manlius 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 decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Manlius Township in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Manlius Township, MI
How long does it take to sell a home in Manlius Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
47 Days | 30 Days | -35.9% |
Summary: Homes in Manlius Township had an average of 30 days on market in May 2024, down by 35.9% compared to last year.
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
Summary: During May 2024, 6 homes were sold in Manlius 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.