Housing Prices in Norman Township, MI
How much do homes in Norman Township, MI cost?
Median List Price
$176,950
$145/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Norman Township has increased by 26.5% since last year.
Summary: The median home list price in Norman Township was $176,950 in March 2024, up 26.5% from the previous year, and the median price per square foot was $145.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.9K | $149.9K | +25.0% |
| 2 Bedrooms | $119.9K | $160K | +33.4% |
| 3 Bedrooms | $189.9K | $181.9K | -4.2% |
| 4 Bedrooms | $174.9K | $287.4K | +64.3% |
| 5+ Bedrooms | - | $1.2M | N/A |
Summary: Norman Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 33.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes did not change.
Housing Supply in Norman Township, MI
How many homes are available in Norman Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Norman Township real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Norman 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Norman Township, MI
How long does it take to sell a home in Norman Township, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 149 Days | 143 Days | -4.3% |
Summary: Homes in Norman Township had an average listing age of 143 days in Mar 2024, down by 4.3% compared to the previous year.
