Is Zeeland, 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, Zeeland has remained a Seller's Market.
Housing Prices in Zeeland, MI
How much do homes in Zeeland, MI cost?
Median Sold Price
$339,450
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Zeeland was $339,450 in April 2024, up 6.1% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $198K | $200K | +1.0% |
2 Bedrooms | $239.5K | $260K | +8.6% |
3 Bedrooms | $300K | $315K | +5.0% |
4 Bedrooms | $372.5K | $380.5K | +2.1% |
5+ Bedrooms | $410.4K | $512.4K | +24.9% |
Summary: Zeeland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 24.9%.
Median Sold Price Compared To Nearby Cities
Holland Charter Township | $315K | $337.2K | +7.1% |
Zeeland | $320K | $339.4K | +6.1% |
Zeeland Charter Township | $349.9K | $339.6K | -2.9% |
Housing Supply in Zeeland, MI
How many homes are available in Zeeland, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 51 | +8.5% |
Summary: The Zeeland real estate market had 51 homes for sale in April 2024, a 8.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 17 | 23 | +35.3% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Zeeland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 15 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Zeeland in April 2024, down by 25.0% month-over-month. Of the 15 sold homes, 20% were sold under asking, 33% were sold at asking, and 47% were sold over asking.
Days on Market for Zeeland, MI
How long does it take to sell a home in Zeeland, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 10 Days | -60.2% |
Summary: Homes in Zeeland had an average of 10 days on market in Apr 2024, down by 60.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Zeeland; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.