Is White River Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, White River Township has remained a Seller's Market.
Key Takeaway
White River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in White River Township, MI
How much do homes in White River Township, MI cost?
Median Sold Price
$369,900
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in White River Township have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in White River Township was $369,900 in March 2024, up 15.6% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $50K | N/A |
| 2 Bedrooms | $162K | $139K | -14.2% |
| 3 Bedrooms | $280K | $415K | +48.2% |
| 4 Bedrooms | $335K | $442.5K | +32.1% |
| 5+ Bedrooms | $885.7K | $369.9K | -58.2% |
Summary: White River Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.2%, 3 bedroom homes increased by 48.2%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes decreased by 58.2%.
Median Sold Price Compared To Nearby Cities
| Grant Township | $180K | $227K | +26.1% |
| Fruitland Township | $290K | $349.9K | +20.7% |
| White River Township | $320K | $369.9K | +15.6% |
| Montague Township | $229.5K | $248.5K | +8.3% |
Housing Supply in White River Township, MI
How many homes are available in White River Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The White River Township real estate market had 6 homes for sale in March 2024, a 33.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The White River Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in White River Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in White River Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for White River Township, MI
How long does it take to sell a home in White River Township, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 6 Days | 9 Days | +50.0% |
Summary: Homes in White River Township had an average of 9 days on market in Mar 2024, up by 50% compared to last year.
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 White River Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in White River Township; 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.
