Housing Prices in Rich Township, MI
How much do homes in Rich Township, MI cost?
Median List Price
$275,000
$159/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Rich Township has increased by 37.6% since last year.
Summary: The median home list price in Rich Township was $275,000 in March 2024, up 37.6% 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 | $165K | $199.9K | +21.2% |
| 3 Bedrooms | $195K | $244.4K | +25.4% |
| 4 Bedrooms | $310K | $277.4K | -10.5% |
| 5+ Bedrooms | $162.4K | - | N/A |
Summary: Rich 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 21.2%, 3 bedroom homes increased by 25.4%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Rich Township | $199.9K | $275K | +37.6% |
| Burlington Township | $189K | $249.9K | +32.2% |
| Fostoria | $199.9K | $226.5K | +13.3% |
| Silverwood | $187.4K | $144.2K | -23.0% |
| Dayton Township | $192.5K | $139.9K | -27.3% |
Housing Supply in Rich Township, MI
How many homes are available in Rich Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Rich Township real estate market had 6 homes for sale in March 2024, a 50.0% 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 | 1 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rich 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 increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Rich Township, MI
How long does it take to sell a home in Rich Township, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 96 Days | 61 Days | -36.3% |
Summary: Homes in Rich Township had an average listing age of 61 days in Mar 2024, down by 36.3% compared to the previous year.
