Is Webber Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Webber Township has remained a Seller's Market.
Housing Prices in Webber Township, MI
How much do homes in Webber Township, MI cost?
Median Sold Price
$75,500
$74/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Webber Township was $75,500 in May 2024, down 41% from last year, and the median price per square foot was $74.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $111.7K | $141.5K | +26.6% |
2 Bedrooms | $89K | $41.5K | -53.4% |
3 Bedrooms | $147.3K | $185.5K | +25.9% |
4 Bedrooms | $249.9K | - | N/A |
5+ Bedrooms | - | $27.5K | N/A |
Summary: Webber Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.6%, 2 bedroom homes decreased by 53.4%, 3 bedroom homes increased by 25.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pleasant Plains Township | $122.4K | $150K | +22.5% |
Baldwin | $129.9K | $134.9K | +3.8% |
Webber Township | $128K | $75.5K | -41.0% |
Housing Supply in Webber Township, MI
How many homes are available in Webber Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Summary: The Webber Township real estate market had 14 homes for sale in May 2024, a 40.0% 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 | 5 | 8 | +60.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Webber 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 60%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Webber Township in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Webber Township, MI
How long does it take to sell a home in Webber Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
137 Days | 49 Days | -64.2% |
Summary: Homes in Webber Township had an average of 49 days on market in May 2024, down by 64.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Webber Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.