Is Fruitland Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Fruitland Township has remained a Seller's Market.
Housing Prices in Fruitland Township, MI
How much do homes in Fruitland Township, MI cost?
Median Sold Price
$279,900
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Fruitland Township was $279,900 in February 2024, down 3.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $214.9K | $180K | -16.2% |
3 Bedrooms | $274.9K | $252.5K | -8.1% |
4 Bedrooms | $349.9K | $445K | +27.2% |
5+ Bedrooms | $1.2M | $637.5K | -46.9% |
Summary: Fruitland Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.2%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes decreased by 46.9%.
Median Sold Price Compared To Nearby Cities
White River Township | $305K | $369.9K | +21.3% |
Whitehall | $240K | $289.9K | +20.8% |
Montague | $230K | $245K | +6.5% |
Whitehall Township | $289.9K | $287.4K | -0.8% |
Fruitland Township | $290K | $279.9K | -3.5% |
Housing Supply in Fruitland Township, MI
How many homes are available in Fruitland Township, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Summary: The Fruitland Township real estate market had 11 homes for sale in February 2024, a 21.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Fruitland Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
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 Fruitland Township in February 2024, down by 25.0% 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 Fruitland Township, MI
How long does it take to sell a home in Fruitland Township, MI?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
78 Days | 13 Days | -82.5% |
Summary: Homes in Fruitland Township had an average of 13 days on market in Feb 2024, down by 82.5% 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 February 2024, 3 homes were sold in Fruitland 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.