Is Seville Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Seville Township was a Buyer's Market.
Housing Prices in Seville Township, MI
How much do homes in Seville Township, MI cost?
Median Sold Price
$399,900
$130/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Seville Township was $399,900 in May 2024, up 344.8% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $89.9K | - | N/A |
3 Bedrooms | - | $145K | N/A |
4 Bedrooms | - | $489.9K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Seville Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Seville Township | $89.9K | $399.9K | +344.8% |
Elwell | $141.2K | $299.9K | +112.4% |
Vestaburg | $169.2K | $200K | +18.2% |
Housing Supply in Seville Township, MI
How many homes are available in Seville Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Summary: The Seville Township real estate market had 12 homes for sale in May 2024, a 50.0% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Seville 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Seville Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Seville Township, MI
How long does it take to sell a home in Seville Township, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 Days | 95 Days | +115.9% |
Summary: Homes in Seville Township had an average of 95 days on market in May 2024, up by 115.9% compared to last month.
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 May 2024, 3 homes were sold in Seville 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.