Housing Prices in Norman Township, MI
How much do homes in Norman Township, MI cost?
Median List Price
$178,900
$143/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Norman Township has increased by 27.9% since last year.
Summary: The median home list price in Norman Township was $178,900 in May 2024, up 27.9% from the previous year, and the median price per square foot was $143.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.9K | $149.9K | +25.0% |
| 2 Bedrooms | $125K | $160K | +28.0% |
| 3 Bedrooms | $185K | $169.4K | -8.4% |
| 4 Bedrooms | $174.9K | $424.9K | +142.9% |
| 5+ Bedrooms | - | $746.2K | N/A |
Summary: Norman Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 28%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes increased by 142.9%, and 5+ bedroom homes did not change.
Housing Supply in Norman Township, MI
How many homes are available in Norman Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Summary: The Norman Township real estate market had 17 homes for sale in May 2024, a 41.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Norman 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 increased by 25%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Norman Township, MI
How long does it take to sell a home in Norman Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 137 Days | 108 Days | -21.1% |
Summary: Homes in Norman Township had an average listing age of 108 days in May 2024, down by 21.1% compared to the previous year.
