Is Walkerville, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walkerville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Walkerville has remained a Seller's Market.

Key Takeaway

Walkerville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Walkerville, MI

How much do homes in Walkerville, MI cost?

Median Sold Price

$150,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$100(+0.1%)

Key Takeaway

The sold price of homes in Walkerville has remained the same since last year.

Summary: The median home sold price in Walkerville was $150,000 in April 2024, up 0.1% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$76.5K
N/A
2 $149.9K$116.3K
-22.4%
3 $140K$152K
+8.6%
4 $53K$252.5K
+376.4%
5+ $360K-
N/A

Summary: Walkerville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 376.4%, and 5+ bedroom homes did not change.

Housing Supply in Walkerville, MI

How many homes are available in Walkerville, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
15+400.0%

Summary: The Walkerville real estate market had 5 homes for sale in April 2024, a 400.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 03
+100.0%
2 00
0.0%
3 00
0.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Walkerville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walkerville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Walkerville in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Walkerville, MI

How long does it take to sell a home in Walkerville, MI?

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Walkerville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Walkerville; 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.

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

Report Updated 3 Days Ago

Newest Listings in Walkerville, MI

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