Is Leavitt Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Leavitt Township has remained a Seller's Market.
Housing Prices in Leavitt Township, MI
How much do homes in Leavitt Township, MI cost?
Median Sold Price
$80,000
$166/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Leavitt Township was $80,000 in May 2024, down 60.1% from last month, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $76.5K | $80K | +4.6% |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $325K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Leavitt Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 4.6%, 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
Leavitt Township | $200.7K | $80K | -60.1% |
Walkerville | $200.7K | $80K | -60.1% |
Housing Supply in Leavitt Township, MI
How many homes are available in Leavitt Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Summary: The Leavitt Township real estate market had 3 homes for sale in May 2024, a 25.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Leavitt Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Leavitt Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Leavitt Township, MI
How long does it take to sell a home in Leavitt Township, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 Days | 8 Days | +33.3% |
Summary: Homes in Leavitt Township had an average of 8 days on market in May 2024, up by 33.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Leavitt Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.