Is Exeter Township, 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, Exeter Township has remained a Seller's Market.
Housing Prices in Exeter Township, MI
How much do homes in Exeter Township, MI cost?
Median Sold Price
$306,490
$149/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Exeter Township was $306,490 in March 2024, up 5.7% from last month, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $279K | - | N/A |
3 Bedrooms | $444.9K | $340K | -23.6% |
4 Bedrooms | $169.9K | $299.9K | +76.5% |
5+ Bedrooms | - | $312.9K | N/A |
Summary: Exeter Township housing prices by bedroom type for March 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 decreased by 23.6%, 4 bedroom homes increased by 76.5%, and 5+ bedroom homes did not change.
Housing Supply in Exeter Township, MI
How many homes are available in Exeter Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Summary: The Exeter Township real estate market had 17 homes for sale in March 2024, a 10.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Exeter Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Exeter Township in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Exeter Township, MI
How long does it take to sell a home in Exeter Township, MI?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 49 Days | +13.1% |
Summary: Homes in Exeter Township had an average of 49 days on market in Mar 2024, up by 13.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Exeter Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.