Is Unadilla Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Unadilla Township is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Unadilla Township was a Buyer's Market.

Key Takeaway

Unadilla Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Unadilla Township, MI

How much do homes in Unadilla Township, MI cost?

Median Sold Price

$267,250

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$18,350(+7.4%)

Key Takeaway

Homes in Unadilla Township have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Unadilla Township was $267,250 in May 2024, up 7.4% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $191K$189K
-1.0%
3 $265K$300K
+13.2%
4 $305K$268.5K
-12.0%
5+ -$415K
N/A

Summary: Unadilla Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gregory
+20.9%
Putnam Township
+7.6%
Unadilla Township
+7.4%
Iosco Township
+5.7%
Marion Township
+0.8%

Housing Supply in Unadilla Township, MI

How many homes are available in Unadilla Township, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1216+33.3%

Summary: The Unadilla Township real estate market had 16 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 88
0.0%
3 46
+50.0%
4 00
0.0%
5+ 02
+100.0%

Summary: The Unadilla Township housing inventory by bedroom type for May 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Unadilla Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Unadilla Township in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Unadilla Township, MI

How long does it take to sell a home in Unadilla Township, MI?

Average Sale Time

May 2023May 2024CHANGE
20 Days11 Days-41.7%

Summary: Homes in Unadilla Township had an average of 11 days on market in May 2024, down by 41.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Unadilla Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Unadilla Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Unadilla Township, MI

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