Is Vermontville 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, Vermontville Township was a Seller's Market.
Housing Prices in Vermontville Township, MI
How much do homes in Vermontville Township, MI cost?
Median Sold Price
$200,950
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Vermontville Township was $200,950 in March 2024, up 29.6% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $110K | $202K | +83.6% |
3 Bedrooms | $165K | $199.9K | +21.2% |
4 Bedrooms | $165K | $205K | +24.2% |
5+ Bedrooms | $172.7K | $259.7K | +50.4% |
Summary: Vermontville 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 83.6%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 50.4%.
Median Sold Price Compared To Nearby Cities
Vermontville | $150.2K | $199.9K | +33.0% |
Vermontville Township | $155K | $200.9K | +29.6% |
Sunfield Township | $190K | $200K | +5.3% |
Housing Supply in Vermontville Township, MI
How many homes are available in Vermontville Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Summary: The Vermontville Township real estate market had 8 homes for sale in March 2024, a 100.0% 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 | 3 | +200.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 0 | 3 | +100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Vermontville 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 200%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Vermontville Township in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Vermontville Township, MI
How long does it take to sell a home in Vermontville Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 3 Days | -95.5% |
Summary: Homes in Vermontville Township had an average of 3 days on market in Mar 2024, down by 95.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Vermontville 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.