Is Lilley Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lilley Township has remained a Seller's Market.
Housing Prices in Lilley Township, MI
How much do homes in Lilley Township, MI cost?
Median Sold Price
$126,750
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lilley Township was $126,750 in April 2024, down 3.2% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $125K | +47.1% |
2 Bedrooms | $230K | $99.9K | -56.6% |
3 Bedrooms | $134K | $350.5K | +161.6% |
4 Bedrooms | - | $266.5K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Lilley Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.1%, 2 bedroom homes decreased by 56.6%, 3 bedroom homes increased by 161.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pleasant Plains Township | $124.9K | $132.4K | +6.0% |
Lilley Township | $131K | $126.7K | -3.2% |
Bitely | $130K | $122.5K | -5.8% |
Housing Supply in Lilley Township, MI
How many homes are available in Lilley Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Summary: The Lilley Township real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Lilley Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lilley Township in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lilley Township, MI
How long does it take to sell a home in Lilley Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
139 Days | 68 Days | -50.8% |
Summary: Homes in Lilley Township had an average of 68 days on market in Apr 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Lilley Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.