Is Manlius 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, Manlius Township has remained a Seller's Market.
Key Takeaway
Manlius Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manlius Township, MI
How much do homes in Manlius Township, MI cost?
Median Sold Price
$342,500
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Manlius Township have sold for 24.4% more than they did a year ago.
Summary: The median home sold price in Manlius Township was $342,500 in March 2024, up 24.4% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $210K | $234.9K | +11.9% |
| 3 Bedrooms | $243.7K | $322.4K | +32.3% |
| 4 Bedrooms | $360K | $429K | +19.2% |
| 5+ Bedrooms | $465K | $375K | -19.4% |
Summary: Manlius Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Cities
| Manlius Township | $275.3K | $342.5K | +24.4% |
| Fennville | $302.5K | $347.5K | +14.9% |
| Hamilton | $341K | $348.5K | +2.2% |
| Heath Township | $345K | $341K | -1.2% |
| Fillmore Township | $352.5K | $292.5K | -17.0% |
Housing Supply in Manlius Township, MI
How many homes are available in Manlius Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Manlius Township real estate market had 9 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Manlius 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 increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manlius Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Manlius Township in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Manlius Township, MI
How long does it take to sell a home in Manlius Township, MI?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manlius Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Manlius Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
