Is Paradise Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
Since last year, Paradise Township has remained a Seller's Market.
Key Takeaway
Paradise Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Paradise Township, MI cost?
Median Sold Price
$287,500
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
Key Takeaway
Homes in Paradise Township have sold for 17.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217.5K | $225K | +3.4% |
| 3 Bedrooms | $235K | $265K | +12.8% |
| 4 Bedrooms | $259K | $330K | +27.4% |
| 5+ Bedrooms | $299K | $305K | +2.0% |
Median Sold Price Compared To Nearby Cities
| Paradise Township | $244.1K | $287.5K | +17.8% |
| Blair Township | $255K | $300K | +17.6% |
How many homes are available in Paradise Township, MI?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 13 | 13 | 0.0% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paradise Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 105 Days | 79 Days | -24.0% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Paradise 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.