Is Liberty Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Liberty Township has remained a Seller's Market.
Housing Prices in Liberty Township, MI
How much do homes in Liberty Township, MI cost?
Median Sold Price
$269,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Liberty Township was $269,000 in April 2024, down 0.3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $255K | N/A |
2 Bedrooms | $232.5K | $180K | -22.6% |
3 Bedrooms | $290K | $269K | -7.2% |
4 Bedrooms | $360K | $299.9K | -16.7% |
5+ Bedrooms | $340K | $439.5K | +29.3% |
Summary: Liberty Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.6%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 29.3%.
Median Sold Price Compared To Nearby Cities
Cement City | $233.9K | $292.5K | +25.1% |
Jerome | $239.9K | $269.9K | +12.5% |
Liberty Township | $269.9K | $269K | -0.3% |
Clarklake | $415K | $407.9K | -1.7% |
Housing Supply in Liberty Township, MI
How many homes are available in Liberty Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 11 | +57.1% |
Summary: The Liberty Township real estate market had 11 homes for sale in April 2024, a 57.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Liberty Township housing inventory by bedroom type for April 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 200%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 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 Liberty Township in April 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 Liberty Township, MI
How long does it take to sell a home in Liberty Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
166 Days | 185 Days | +11.4% |
Summary: Homes in Liberty Township had an average of 185 days on market in Apr 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Liberty Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.