Housing Prices in Merritt Township, MI
How much do homes in Merritt Township, MI cost?
Median List Price
$171,950
$138/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Merritt Township has increased by 1.2% since last year.
Summary: The median home list price in Merritt Township was $171,950 in May 2024, up 1.2% from the previous year, and the median price per square foot was $138.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $181.5K | $139.9K | -22.9% |
| 3 Bedrooms | $219.9K | $194.9K | -11.3% |
| 4 Bedrooms | - | $99.9K | N/A |
| 5+ Bedrooms | $99K | - | N/A |
Summary: Merritt 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 decreased by 22.9%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Portsmouth Charter Township | $139.9K | $199K | +42.2% |
| Hampton Charter Township | $135K | $189.9K | +40.7% |
| Merritt Township | $169.9K | $171.9K | +1.2% |
Housing Supply in Merritt Township, MI
How many homes are available in Merritt Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Summary: The Merritt Township real estate market had 6 homes for sale in May 2024, a 100.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merritt 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Merritt Township, MI
How long does it take to sell a home in Merritt Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 118 Days | 109 Days | -7.3% |
Summary: Homes in Merritt Township had an average listing age of 109 days in May 2024, down by 7.3% compared to the previous year.
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