Is Conway Township, MI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Conway Township is a seller's market


Difference Since May 2023

Since last year, Conway Township has remained a Seller's Market.

Key Takeaway

Conway Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Conway Township, MI

How much do homes in Conway Township, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Conway Township have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Conway Township was $310,500 in May 2024, up 3.7% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $288K$200K
2 $375K$268K
3 $296.9K$320K
4 $290K$341.4K
5+ $310.8K$312K

Summary: Conway Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.6%, 2 bedroom homes decreased by 28.5%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Cities

Antrim Township
Conway Township
Burns Township

Housing Supply in Conway Township, MI

How many homes are available in Conway Township, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Conway Township real estate market had 13 homes for sale in May 2024, a 18.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 20
2 12
3 36
4 44
5+ 11

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

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conway Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Conway Township in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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

May 2023May 2024CHANGE
57 Days17 Days-69.2%

Summary: Homes in Conway Township had an average of 17 days on market in May 2024, down by 69.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Conway Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Conway Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 13 Days Ago

Newest Listings in Conway Township, MI

Nearby Markets to Conway Township, MI

What housing markets are near Conway Township, MI?