Is Willis, 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, Willis has remained a Buyer's Market.
Housing Prices in Willis, MI
How much do homes in Willis, MI cost?
Median Sold Price
$355,000
$203/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Willis was $355,000 in May 2024, up 64.4% from last month, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $250K | N/A |
3 Bedrooms | $216K | - | N/A |
4 Bedrooms | - | $460K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Willis 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.
Housing Supply in Willis, MI
How many homes are available in Willis, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Summary: The Willis real estate market had 23 homes for sale in May 2024, a 9.5% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Willis 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 remained the same, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Willis in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Willis, MI
How long does it take to sell a home in Willis, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 Days | 11 Days | +69.2% |
Summary: Homes in Willis had an average of 11 days on market in May 2024, up by 69.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Willis; 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.