Housing Prices in Urban Gardens Colony, MI

How much do homes in Urban Gardens Colony, MI cost?

Median List Price

$129,900

$132/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$15,000(-10.4%)

Key Takeaway

The list price of homes in Urban Gardens Colony has decreased by 10.4% since last year.

Summary: The median home list price in Urban Gardens Colony was $129,900 in March 2024, down 10.4% from the previous year, and the median price per square foot was $132.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $115K$110K
-4.3%
3 $144.9K$134.9K
-6.9%
4 $195.5K$289.9K
+48.3%
5+ $199.9K-
N/A

Summary: Urban Gardens Colony 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 decreased by 4.3%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 48.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

Rogers Park
+21.6%
Old Redford
0.1%
Five Points
-0.6%
Urban Gardens Colony
-10.4%

Housing Supply in Urban Gardens Colony, MI

How many homes are available in Urban Gardens Colony, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
32-33.3%

Summary: The Urban Gardens Colony real estate market had 2 homes for sale in March 2024, a 33.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Urban Gardens Colony 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Urban Gardens Colony, MI

How long does it take to sell a home in Urban Gardens Colony, MI?

Average Listing Age

Mar 2023Mar 2024CHANGE
103 Days47 Days-54.7%

Summary: Homes in Urban Gardens Colony had an average listing age of 47 days in Mar 2024, down by 54.7% compared to the previous year.

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

Report Updated 30 Days Ago

Newest Listings in Urban Gardens Colony, MI

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