Is Huntington Woods, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Huntington Woods has remained a Seller's Market.
Housing Prices in Huntington Woods, MI
How much do homes in Huntington Woods, MI cost?
Median Sold Price
$472,450
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Huntington Woods was $472,450 in June 2024, up 5.9% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $352.5K | N/A |
3 Bedrooms | $414.2K | $452.5K | +9.2% |
4 Bedrooms | $688.5K | $545K | -20.8% |
5+ Bedrooms | $887.5K | $1.0M | +14.0% |
Summary: Huntington Woods housing prices by bedroom type for June 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 9.2%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 14%.
Housing Supply in Huntington Woods, MI
How many homes are available in Huntington Woods, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
12 | 16 | +33.3% |
Summary: The Huntington Woods real estate market had 16 homes for sale in June 2024, a 33.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Huntington Woods housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Huntington Woods in June 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Huntington Woods, MI
How long does it take to sell a home in Huntington Woods, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
2 Days | 13 Days | +406.3% |
Summary: Homes in Huntington Woods had an average of 13 days on market in Jun 2024, up by 406.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in Huntington Woods; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.