Is Greenwood Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Greenwood Township has remained a Seller's Market.
Housing Prices in Greenwood Township, MI
How much do homes in Greenwood Township, MI cost?
Median Sold Price
$270,000
$179/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Greenwood Township was $270,000 in April 2024, up 145.5% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $179K | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $110K | $320K | +190.9% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | $270K | N/A |
Summary: Greenwood Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 190.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Greenwood Township | $110K | $270K | +145.5% |
Newfield Township | $269.7K | $210K | -22.2% |
Dayton Township | $600K | $445K | -25.8% |
Holton | $350K | $188.5K | -46.1% |
Housing Supply in Greenwood Township, MI
How many homes are available in Greenwood Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Summary: The Greenwood Township real estate market had 4 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Greenwood Township housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Greenwood Township in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Greenwood Township, MI
How long does it take to sell a home in Greenwood Township, MI?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 105 Days | +1404.8% |
Summary: Homes in Greenwood Township had an average of 105 days on market in Apr 2024, up by 1404.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Greenwood 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.