Is Willis, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willis is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Willis has remained a Seller's Market.

Key Takeaway

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

How much do homes in Willis, MI cost?

Median Sold Price

$385,000

$137/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$105,100(+37.5%)

Key Takeaway

Homes in Willis have sold for 37.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $209.9K$303.6K
+44.6%
4 $350K-
N/A
5+ -$385K
N/A

Median Sold Price Compared To Nearby Cities

Willis
+37.5%
London Township
-10.9%

How many homes are available in Willis, MI?

Number of Homes For Sale

Nov 2021Dec 2021%
64-33.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 01
+100.0%
3 42
-50.0%
4 10
-100.0%
5+ 11
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Nov 2021Dec 2021%
13 Days10 Days-26.8%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Willis are selling fast, if you're buying plan to act quickly.

About Willis, MI

Willis, MI has 4 homes on the market. Between November 2021 and December 2021, Willis, MI real estate market has seen decrease in the number of listings by 33.3%. Listings spent 10 days on the market in December 2021, and had a median list price of $385,000 during the same period. Between December 2020 and December 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 44.6%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties increased by 0%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went down by 50%, the quantity of 4 bedrooms homes went down by 100%, 5 bedrooms homes did not move. Over 0 listings were sold over their listed price in December 2021 in Willis, MI. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price.

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