Is Williamsburg, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Williamsburg was a Seller's Market.
Key Takeaway
Williamsburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Williamsburg, MI cost?
Median Sold Price
$465,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$107,500(+30.1%)
Key Takeaway
Homes in Williamsburg have sold for 30.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $402.6K | $222.5K | -44.7% |
| 2 Bedrooms | $249.9K | $300K | +20.0% |
| 3 Bedrooms | $314K | $435.5K | +38.7% |
| 4 Bedrooms | $479.2K | $638K | +33.1% |
| 5+ Bedrooms | $915K | $900K | -1.6% |
Median Sold Price Compared To Nearby Cities
| Williamsburg | $357.5K | $465K | +30.1% |
| Acme Township | $365K | $415K | +13.7% |
How many homes are available in Williamsburg, MI?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 21 | 24 | +14.3% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Williamsburg, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 210 Days | 122 Days | -42.0% |
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Williamsburg has remained consistent over time.
