Is Macomb Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Macomb Township has remained a Seller's Market.
Key Takeaway
Macomb Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Macomb Township, MI cost?
Median Sold Price
$385,257
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
Key Takeaway
Homes in Macomb Township have sold for 13.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $875 | - | N/A |
| 2 Bedrooms | $194.5K | $215K | +10.5% |
| 3 Bedrooms | $328.9K | $370K | +12.5% |
| 4 Bedrooms | $390K | $450K | +15.4% |
| 5+ Bedrooms | $430K | $489.9K | +13.9% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Clinton Township | +17.6% |
| Clinton Charter Township | +17.6% |
| Macomb Township | +13.7% |
| Macomb | +13.7% |
| Shelby Charter Township | +6.3% |
How many homes are available in Macomb Township, MI?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 295 | 324 | +9.8% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 40 | 43 | +7.5% |
| 3 Bedrooms | 125 | 129 | +3.2% |
| 4 Bedrooms | 117 | 137 | +17.1% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 112 | 98 | -12.5% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
56 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macomb Township, you could pay more than the asking price. 57.7% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 15 Days | 16 Days | +3.0% |
Breakdown of Home Sale Times
87 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macomb Township are selling fast, if you're buying plan to act quickly.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource. 