$3,086 Closing Credit*
$259,900
1,344 SqFt
3 Beds
•2 Full Baths
Chris M Good, Listing Office: United Realty Services LLC
Is Walker, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$24,500(+8.2%)
Key Takeaway
Homes in Walker have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Walker was $325,000 in August 2024, up 8.2% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $160K | -41.8% |
| 2 Bedrooms | $240K | $275K | +14.6% |
| 3 Bedrooms | $303K | $324K | +6.9% |
| 4 Bedrooms | $350K | $385K | +10.0% |
| 5+ Bedrooms | $436.5K | $397.5K | -8.9% |
Summary: Walker housing prices by bedroom type for August 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 6.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
| Alpine Township | $243.5K | $299.9K | +23.2% |
| Grand Rapids | $279.9K | $305.9K | +9.3% |
| Walker | $300.5K | $325K | +8.2% |
| Wyoming | $241.5K | $261K | +8.1% |
| Grandville | $330K | $349K | +5.8% |
Housing Supply in Walker, MI
How many homes are available in Walker, MI?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 49 | 51 | +4.1% |
Summary: The Walker real estate market had 51 homes for sale in August 2024, a 4.1% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Walker housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walker, you could pay more than the asking price. 37.5% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Walker in August 2024, up by 6.7% month-over-month. Of the 16 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 9 Days | 9 Days | -3.7% |
Summary: Homes in Walker had an average of 9 days on market in Aug 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
16 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 Walker are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 16 homes were sold in Walker; 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.