Is Conway Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Conway Township has remained a Seller's Market.
Housing Prices in Conway Township, MI
How much do homes in Conway Township, MI cost?
Median Sold Price
$305,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Conway Township was $305,000 in June 2024, up 0.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $288K | $200K | -30.6% |
2 Bedrooms | $375K | $189K | -49.6% |
3 Bedrooms | $297.5K | $318K | +6.9% |
4 Bedrooms | $290K | $338.9K | +16.9% |
5+ Bedrooms | $307.9K | $319K | +3.6% |
Summary: Conway Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.6%, 2 bedroom homes decreased by 49.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Antrim Township | $217.4K | $259.9K | +19.5% |
Burns Township | $235K | $250K | +6.4% |
Conway Township | $302.5K | $305K | +0.8% |
Housing Supply in Conway Township, MI
How many homes are available in Conway Township, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Summary: The Conway Township real estate market had 11 homes for sale in June 2024, a 15.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Conway Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Conway Township in June 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Conway Township, MI
How long does it take to sell a home in Conway Township, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 15 Days | -31.9% |
Summary: Homes in Conway Township had an average of 15 days on market in Jun 2024, down by 31.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in Conway 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.