Housing Prices in Colonial Village, MI

How much do homes in Colonial Village, MI cost?

Median List Price

$152,450

$122/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$7,500(+5.2%)

Key Takeaway

The list price of homes in Colonial Village has increased by 5.2% since last year.

Summary: The median home list price in Colonial Village was $152,450 in March 2024, up 5.2% from the previous year, and the median price per square foot was $122.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $64.9K-
N/A
2 $115K$120K
+4.3%
3 $154.9K$169.4K
+9.4%
4 $167.4K$209.9K
+25.4%
5+ $166K$181.2K
+9.2%

Summary: Colonial Village housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 9.2%.

Median List Price Compared To Nearby Neighborhoods

Colonial Village
+5.2%
Southside
+4.0%

Housing Supply in Colonial Village, MI

How many homes are available in Colonial Village, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
47+75.0%

Summary: The Colonial Village real estate market had 7 homes for sale in March 2024, a 75.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 04
+100.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Colonial Village housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Colonial Village, MI

How long does it take to sell a home in Colonial Village, MI?

Average Listing Age

Mar 2023Mar 2024CHANGE
87 Days18 Days-78.8%

Summary: Homes in Colonial Village had an average listing age of 18 days in Mar 2024, down by 78.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Colonial Village, MI

Nearby Markets to Colonial Village, MI