Housing Prices in Ferris Township, MI
How much do homes in Ferris Township, MI cost?
Median List Price
$189,500
$115/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Ferris Township has decreased by 24.2% since last year.
Summary: The median home list price in Ferris Township was $189,500 in May 2024, down 24.2% from the previous year, and the median price per square foot was $115.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $127.4K | -32.9% |
| 3 Bedrooms | $189.9K | $179K | -5.7% |
| 4 Bedrooms | - | $285K | N/A |
| 5+ Bedrooms | $274.9K | - | N/A |
Summary: Ferris 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 32.9%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Vestaburg | $150K | $197K | +31.3% |
| Crystal | $182.4K | $198.9K | +9.0% |
| Riverdale | $250K | $199K | -20.4% |
| Ferris Township | $250K | $189.5K | -24.2% |
Housing Supply in Ferris Township, MI
How many homes are available in Ferris Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Summary: The Ferris Township real estate market had 1 homes for sale in May 2024, a 75.0% decrease 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 | 0 | -100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ferris 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Ferris Township, MI
How long does it take to sell a home in Ferris Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 34 Days | 36 Days | +3.6% |
Summary: Homes in Ferris Township had an average listing age of 36 days in May 2024, up by 3.6% compared to the previous year.
