Is Willis, 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, Willis was a Seller's Market.
Housing Prices in Willis, MI
How much do homes in Willis, MI cost?
Median Sold Price
$301,500
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Willis was $301,500 in March 2024, up 9.4% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $283K | N/A |
2 Bedrooms | $188K | $228K | +21.3% |
3 Bedrooms | $305K | $298.7K | -2.0% |
4 Bedrooms | $340K | $395.5K | +16.3% |
5+ Bedrooms | $461K | $375K | -18.7% |
Summary: Willis 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 increased by 21.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 18.7%.
Median Sold Price Compared To Nearby Cities
Willis | $275.5K | $301.5K | +9.4% |
Augusta Charter Township | $340K | $349.9K | +2.9% |
Sumpter Township | $280K | $275K | -1.8% |
Housing Supply in Willis, MI
How many homes are available in Willis, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The Willis real estate market had 19 homes for sale in March 2024, a 18.8% increase 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 | 1 | +100.0% |
3 Bedrooms | 3 | 5 | +66.7% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Willis 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 increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Willis in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Willis, MI
How long does it take to sell a home in Willis, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 82 Days | +115.8% |
Summary: Homes in Willis had an average of 82 days on market in Mar 2024, up by 115.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Willis; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.