Is Maple Grove 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, Maple Grove Township has remained a Seller's Market.
Housing Prices in Maple Grove Township, MI
How much do homes in Maple Grove Township, MI cost?
Median Sold Price
$179,900
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Maple Grove Township was $179,900 in March 2024, down 12.2% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $180K | $170K | -5.6% |
3 Bedrooms | $217K | $179.9K | -17.1% |
4 Bedrooms | $203.5K | $239K | +17.4% |
5+ Bedrooms | $232.5K | $172.4K | -25.8% |
Summary: Maple Grove 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 decreased by 5.6%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes decreased by 25.8%.
Median Sold Price Compared To Nearby Cities
Montrose Charter Township | $173.4K | $187.8K | +8.3% |
Hazelton Township | $215K | $195K | -9.3% |
Maple Grove Township | $205K | $179.9K | -12.2% |
Housing Supply in Maple Grove Township, MI
How many homes are available in Maple Grove Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Summary: The Maple Grove Township real estate market had 5 homes for sale in March 2024, a 28.6% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Maple Grove 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
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 Maple Grove Township in March 2024, the same as the previous 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 Maple Grove Township, MI
How long does it take to sell a home in Maple Grove Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
3 Days | 86 Days | +2783.3% |
Summary: Homes in Maple Grove Township had an average of 86 days on market in Mar 2024, up by 2783.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Maple Grove Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.