$80,000
2.00 Acres
Land
Marilyn Handloser, Listing Office: RE/MAX Classic
Is Webster Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Webster Township was a Seller's Market.
Key Takeaway
Webster 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.
Housing Prices in Webster Township, MI
How much do homes in Webster Township, MI cost?
Median Sold Price
$545,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$28,500(+5.5%)
Key Takeaway
Homes in Webster Township have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Webster Township was $545,000 in September 2024, up 5.5% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $456.2K | $320K | -29.9% |
| 3 Bedrooms | $419K | $500K | +19.3% |
| 4 Bedrooms | $514K | $560K | +8.9% |
| 5+ Bedrooms | $660K | $662.5K | 0.4% |
Summary: Webster Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.9%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Whitmore Lake | $360K | $412K | +14.4% |
| Hamburg Township | $385K | $425K | +10.4% |
| Webster Township | $516.5K | $545K | +5.5% |
| Dexter | $482.8K | $496.4K | +2.8% |
| Scio Township | $540K | $537.5K | -0.5% |
Housing Supply in Webster Township, MI
How many homes are available in Webster Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 36 | +5.9% |
Summary: The Webster Township real estate market had 36 homes for sale in September 2024, a 5.9% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 23 | 21 | -8.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Webster Township 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 increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Webster Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Webster Township in September 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Webster Township, MI
How long does it take to sell a home in Webster Township, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 39 Days | 27 Days | -29.4% |
Summary: Homes in Webster Township had an average of 27 days on market in Sep 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Webster Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 6 homes were sold in Webster Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
