Is Manlius Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Manlius Township was a Seller's Market.
Key Takeaway
Manlius Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Manlius Township, MI
How much do homes in Manlius Township, MI cost?
Median Sold Price
$330,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Manlius Township have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Manlius Township was $330,000 in April 2024, down 3.6% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $210K | $234.9K | +11.9% |
| 3 Bedrooms | $262K | $299.2K | +14.2% |
| 4 Bedrooms | $401K | $442K | +10.2% |
| 5+ Bedrooms | $465K | $375K | -19.4% |
Summary: Manlius Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Cities
| Hamilton | $337.5K | $350K | +3.7% |
| Heath Township | $340K | $350K | +2.9% |
| Fennville | $326.2K | $332.5K | +1.9% |
| Manlius Township | $342.5K | $330K | -3.6% |
Housing Supply in Manlius Township, MI
How many homes are available in Manlius Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The Manlius Township real estate market had 10 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Manlius Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manlius Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Manlius Township in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 10 Days | +150.0% |
Summary: Homes in Manlius Township had an average of 10 days on market in Apr 2024, up by 150% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manlius Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Manlius Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
