Is Greenbush, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenbush is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Greenbush has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Greenbush, MI

How much do homes in Greenbush, MI cost?

Median Sold Price

$137,000

$137/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$293,000(-68.1%)

Key Takeaway

Homes in Greenbush have sold for 68.1% less than they did a month ago.

Summary: The median home sold price in Greenbush was $137,000 in March 2024, down 68.1% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$137K
N/A
3 $430K-
N/A
4 --
N/A
5+ --
N/A

Summary: Greenbush 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

Greenbush
-68.1%
Greenbush Township
-68.1%

Housing Supply in Greenbush, MI

How many homes are available in Greenbush, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
440.0%

Summary: The Greenbush real estate market had 4 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 21
-50.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Greenbush 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenbush, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Greenbush in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Greenbush, MI

How long does it take to sell a home in Greenbush, MI?

Average Sale Time

Feb 2024Mar 2024CHANGE
63 Days109 Days+73.0%

Summary: Homes in Greenbush had an average of 109 days on market in Mar 2024, up by 73% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Greenbush are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Greenbush; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in Greenbush, MI

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