Is Flowerfield Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Flowerfield Township was a Buyer's Market.
Housing Prices in Flowerfield Township, MI
How much do homes in Flowerfield Township, MI cost?
Median Sold Price
$297,500
$237/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Flowerfield Township was $297,500 in March 2024, up 15.3% from last month, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $297.5K | N/A |
4 Bedrooms | $258K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Flowerfield 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Park Township | $107.5K | $480K | +346.5% |
Flowerfield Township | $258K | $297.5K | +15.3% |
Housing Supply in Flowerfield Township, MI
How many homes are available in Flowerfield Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Summary: The Flowerfield Township real estate market had 7 homes for sale in March 2024, a 22.2% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Flowerfield 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 decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Flowerfield Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Flowerfield Township, MI
How long does it take to sell a home in Flowerfield Township, MI?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 16 Days | -15.8% |
Summary: Homes in Flowerfield Township had an average of 16 days on market in Mar 2024, down by 15.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Flowerfield Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.