Is Wales Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2021
At the same time last year, Wales Township was a Seller's Market.
Key Takeaway
Wales Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Wales Township, MI cost?
Median Sold Price
$287,450
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2021
Key Takeaway
Homes in Wales Township have sold for 15% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jun 2021 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $217.4K | N/A |
| 3 Bedrooms | $281K | $277.5K | -1.2%  |
| 4 Bedrooms | $227.5K | $303.5K | +33.4% |
| 5+ Bedrooms | $229.5K | $528K | +130.1% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Riley Township | +34.0% |
| Memphis | +23.1% |
| Wales Township | +15.0% |
| Goodells | +15.0% |
How many homes are available in Wales Township, MI?
Number of Homes For Sale
| May 2022 | Jun 2022 | % |
|---|---|---|
| 4 | 14 | +250.0% |
Homes For Sale By Bedroom Count
| # BEDS | May 2022 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 10 | +400.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Number of Homes Sold
| May 2022 | Jun 2022 | % |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wales Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Average Sale Time
| Jun 2021 | Jun 2022 | % |
|---|---|---|
| 4 Days | 6 Days | +30.4% |
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wales Township are selling fast, if you're buying plan to act quickly.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource. 