Housing Prices in Olive Township, MI
How much do homes in Olive Township, MI cost?
Median List Price
$270,000
$159/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Olive Township has decreased by 5.2% since last year.
Summary: The median home list price in Olive Township was $270,000 in March 2024, down 5.2% from the previous year, and the median price per square foot was $159.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $229.9K | $239.4K | +4.2% |
| 3 Bedrooms | $267.4K | $237.4K | -11.2% |
| 4 Bedrooms | $314K | $423.6K | +34.9% |
| 5+ Bedrooms | $609.9K | $567.4K | -7.0% |
Summary: Olive 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 4.2%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 34.9%, and 5+ bedroom homes decreased by 7%.
Median List Price Compared To Nearby Cities
| Victor Township | $250K | $325K | +30.0% |
| Ovid Township | $155K | $185.7K | +19.8% |
| Bingham Township | $319.9K | $379.9K | +18.8% |
| DeWitt Charter Township | $319.9K | $339.9K | +6.3% |
| Olive Township | $284.9K | $270K | -5.2% |
Housing Supply in Olive Township, MI
How many homes are available in Olive Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Olive Township real estate market had 5 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Olive 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Olive Township, MI
How long does it take to sell a home in Olive Township, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 80 Days | 116 Days | +45.3% |
Summary: Homes in Olive Township had an average listing age of 116 days in Mar 2024, up by 45.3% compared to the previous year.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.