Is Green Lake Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Green Lake Township was a Buyer's Market.
Key Takeaway
Green Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Green Lake Township, MI cost?
Median Sold Price
$345,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
Key Takeaway
Homes in Green Lake Township have sold for 32.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $212.5K | $205.5K | -3.3% |
| 2 Bedrooms | $206K | $242.5K | +17.7% |
| 3 Bedrooms | $260K | $347.5K | +33.7% |
| 4 Bedrooms | $345K | $475K | +37.7% |
| 5+ Bedrooms | $535K | $534.5K | -0.1% |
Median Sold Price Compared To Nearby Cities
| Grawn | $231.7K | $380K | +64.0% |
| Green Lake Township | $261.2K | $345K | +32.1% |
| Interlochen | $240K | $312.2K | +30.1% |
| Long Lake Township | $375K | $440K | +17.3% |
How many homes are available in Green Lake Township, MI?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 9 | 18 | +100.0% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 4 | 8 | +100.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Green Lake Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 134 Days | 47 Days | -64.9% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Green Lake Township has remained consistent over time.
