Is Greenwood 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, Greenwood Township has remained a Seller's Market.
Housing Prices in Greenwood Township, MI
How much do homes in Greenwood Township, MI cost?
Median Sold Price
$295,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Greenwood Township was $295,000 in February 2024, up 72.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $76.5K | - | N/A |
2 Bedrooms | - | $140K | N/A |
3 Bedrooms | $225K | $235K | +4.4% |
4 Bedrooms | $145.9K | $372.4K | +155.2% |
5+ Bedrooms | - | $380K | N/A |
Summary: Greenwood 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 did not change, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 155.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Greenwood Township | $170.9K | $295K | +72.6% |
Holton | $175K | $200K | +14.3% |
Housing Supply in Greenwood Township, MI
How many homes are available in Greenwood Township, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Summary: The Greenwood Township real estate market had 7 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Greenwood 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Greenwood Township in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Greenwood Township, MI
How long does it take to sell a home in Greenwood Township, MI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Greenwood Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.