Is Quincy 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, Quincy Township has remained a Seller's Market.
Housing Prices in Quincy Township, MI
How much do homes in Quincy Township, MI cost?
Median Sold Price
$184,900
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Quincy Township was $184,900 in May 2024, up 4.2% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $227.5K | - | N/A |
2 Bedrooms | $143K | $143.9K | +0.6% |
3 Bedrooms | $180K | $212K | +17.8% |
4 Bedrooms | $214.9K | $271K | +26.1% |
5+ Bedrooms | $201.2K | $273.5K | +35.9% |
Summary: Quincy 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 0.6%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes increased by 35.9%.
Median Sold Price Compared To Nearby Cities
Butler Township | $217.4K | $255K | +17.3% |
Coldwater Township | $185K | $205K | +10.8% |
Quincy Township | $177.5K | $184.9K | +4.2% |
Quincy | $175K | $179.9K | +2.8% |
Housing Supply in Quincy Township, MI
How many homes are available in Quincy Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 31 | +29.2% |
Summary: The Quincy Township real estate market had 31 homes for sale in May 2024, a 29.2% increase 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 | 6 | 8 | +33.3% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 2 | 6 | +200.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Quincy 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 increased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Quincy Township in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Quincy Township, MI
How long does it take to sell a home in Quincy Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 60 Days | +116.5% |
Summary: Homes in Quincy Township had an average of 60 days on market in May 2024, up by 116.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Quincy Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.