Is Whitewater Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitewater Township is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Whitewater Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Whitewater Township, MI

How much do homes in Whitewater Township, MI cost?

Median Sold Price

$530,000

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$147,398(+38.5%)

Key Takeaway

Homes in Whitewater Township have sold for 38.5% more than they did a year ago.

Summary: The median home sold price in Whitewater Township was $530,000 in September 2024, up 38.5% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $406K$300K
-26.1%
3 $367.7K$460K
+25.1%
4 $397K$710K
+78.8%
5+ $382.6K$2.1M
+460.6%

Summary: Whitewater 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 26.1%, 3 bedroom homes increased by 25.1%, 4 bedroom homes increased by 78.8%, and 5+ bedroom homes increased by 460.6%.

Median Sold Price Compared To Nearby Cities

Whitewater Township
+38.5%
Williamsburg
+31.6%
Rapid City
-18.3%

Housing Supply in Whitewater Township, MI

How many homes are available in Whitewater Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1416+14.3%

Summary: The Whitewater Township real estate market had 16 homes for sale in September 2024, a 14.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 67
+16.7%
4 34
+33.3%
5+ 23
+50.0%

Summary: The Whitewater 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 decreased by 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitewater Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Whitewater Township in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Whitewater Township, MI

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

Average Sale Time

Sep 2023Sep 2024CHANGE
51 Days80 Days+58.2%

Summary: Homes in Whitewater Township had an average of 80 days on market in Sep 2024, up by 58.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Whitewater Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 3 homes were sold in Whitewater Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 30 Days Ago

Newest Listings in Whitewater Township, MI

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