Is Indianfields Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Indianfields Township has remained a Seller's Market.
Housing Prices in Indianfields Township, MI
How much do homes in Indianfields Township, MI cost?
Median Sold Price
$139,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Indianfields Township was $139,000 in March 2024, up 7% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $26K | $37K | +42.3% |
2 Bedrooms | $90K | $85K | -5.6% |
3 Bedrooms | $164.9K | $154K | -6.6% |
4 Bedrooms | $155K | $205K | +32.3% |
5+ Bedrooms | $250K | - | N/A |
Summary: Indianfields Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.3%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Indianfields Township | $129.9K | $139K | +7.0% |
Caro | $140K | $139K | -0.7% |
Housing Supply in Indianfields Township, MI
How many homes are available in Indianfields Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Summary: The Indianfields Township real estate market had 8 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Indianfields Township 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Indianfields Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Indianfields Township, MI
How long does it take to sell a home in Indianfields Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 41 Days | -40.1% |
Summary: Homes in Indianfields Township had an average of 41 days on market in Mar 2024, down by 40.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Indianfields Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.