Is Prairieville Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Prairieville Township was a Seller's Market.
Housing Prices in Prairieville Township, MI
How much do homes in Prairieville Township, MI cost?
Median Sold Price
$350,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Prairieville Township was $350,000 in March 2024, up 10.8% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $355K | - | N/A |
2 Bedrooms | $250.5K | $322.4K | +28.7% |
3 Bedrooms | $300.5K | $285K | -5.2% |
4 Bedrooms | $406.5K | $470K | +15.6% |
5+ Bedrooms | $460.5K | $284.4K | -38.2% |
Summary: Prairieville 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 28.7%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 38.2%.
Median Sold Price Compared To Nearby Cities
Delton | $230K | $283K | +23.0% |
Barry Township | $210K | $247K | +17.6% |
Orangeville Township | $278.7K | $322.5K | +15.7% |
Prairieville Township | $315.9K | $350K | +10.8% |
Housing Supply in Prairieville Township, MI
How many homes are available in Prairieville Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Summary: The Prairieville Township real estate market had 13 homes for sale in March 2024, a 44.4% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Prairieville 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 increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Prairieville Township in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Prairieville Township, MI
How long does it take to sell a home in Prairieville Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
140 Days | 19 Days | -86.1% |
Summary: Homes in Prairieville Township had an average of 19 days on market in Mar 2024, down by 86.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Prairieville Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.