Is Whitehall Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Whitehall Township was a Seller's Market.
Housing Prices in Whitehall Township, MI
How much do homes in Whitehall Township, MI cost?
Median Sold Price
$296,200
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Whitehall Township was $296,200 in March 2024, up 5.8% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $237.5K | $233K | -1.9% |
3 Bedrooms | $235K | $285K | +21.3% |
4 Bedrooms | $300K | $377.5K | +25.8% |
5+ Bedrooms | $585K | $495K | -15.4% |
Summary: Whitehall 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 1.9%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes decreased by 15.4%.
Median Sold Price Compared To Nearby Cities
Whitehall | $236.2K | $299.9K | +26.9% |
Montague Township | $229.5K | $248.5K | +8.3% |
Whitehall Township | $280K | $296.2K | +5.8% |
Housing Supply in Whitehall Township, MI
How many homes are available in Whitehall Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 27 | -22.9% |
Summary: The Whitehall Township real estate market had 27 homes for sale in March 2024, a 22.9% 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 | 10 | 5 | -50.0% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Whitehall 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 decreased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 4 | -76.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Whitehall Township in March 2024, down by 76.5% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Whitehall Township, MI
How long does it take to sell a home in Whitehall Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
138 Days | 81 Days | -41.4% |
Summary: Homes in Whitehall Township had an average of 81 days on market in Mar 2024, down by 41.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Whitehall Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.