$29,900
0.63 Acres
Land
Tony DeBartolo, Listing Office: DeBartolo Realty
Is Walker, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Walker has remained a Seller's Market.
Key Takeaway
Walker is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walker, MI
How much do homes in Walker, MI cost?
Median Sold Price
$325,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$20,000(+6.6%)
Key Takeaway
Homes in Walker have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Walker was $325,000 in September 2024, up 6.6% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $160K | -41.8% |
| 2 Bedrooms | $240K | $275K | +14.6% |
| 3 Bedrooms | $305K | $324.2K | +6.3% |
| 4 Bedrooms | $345K | $389.9K | +13.0% |
| 5+ Bedrooms | $495K | $500K | +1.0% |
Summary: Walker housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.8%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
| Alpine Township | $260K | $299.5K | +15.2% |
| Grand Rapids | $280.2K | $306.4K | +9.3% |
| Grandville | $330K | $358.7K | +8.7% |
| Walker | $305K | $325K | +6.6% |
| Wyoming | $245.3K | $260.7K | +6.3% |
Housing Supply in Walker, MI
How many homes are available in Walker, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 53 | 47 | -11.3% |
Summary: The Walker real estate market had 47 homes for sale in September 2024, a 11.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 6 | -60.0% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Walker housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walker, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Walker in September 2024, down by 10.5% month-over-month. Of the 17 sold homes, 41% were sold under asking, 12% were sold at asking, and 47% were sold over asking.
Days on Market for Walker, MI
How long does it take to sell a home in Walker, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 17 Days | 20 Days | +22.5% |
Summary: Homes in Walker had an average of 20 days on market in Sep 2024, up by 22.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walker are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 17 homes were sold in Walker; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
