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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willis is a buyer's market

Buyer's
Market

Difference Since April 2022

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

Key Takeaway

Willis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Willis, MI cost?

Median Sold Price

$297,500

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$25,000(+9.2%)

Key Takeaway

Homes in Willis have sold for 9.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 --
N/A
2 $208.7K$166.5K
-20.2%
3 $272.5K$297.5K
+9.2%
4 $378.7K$342K
-9.7%
5+ $425K$461K
+8.5%

Median Sold Price Compared To Nearby Cities

Sumpter Township
+17.6%
Willis
+9.2%
Augusta Charter Township
+4.0%
Exeter Township
-9.9%

How many homes are available in Willis, MI?

Number of Homes For Sale

Mar 2023Apr 2023%
98-11.1%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 01
+100.0%
2 00
0.0%
3 31
-66.7%
4 65
-16.7%
5+ 01
+100.0%

Number of Homes Sold

Mar 2023Apr 2023%
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Willis, MI

Homes for sale in Willis, MI have reached 8. The number of listings in Willis, MI decreased by 11.1% between March 2023 and April 2023. This housing market listing prices have changed between March 2023 and April 2023: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went down by 20.2%, prices of 3 bedrooms properties went up by 9.2%, the cost of 4 bedrooms properties went down by 9.7%, 5 bedrooms properties became 8.5% more expensive. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 100%, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 66.7% less available, 4 bedrooms homes became 16.7% less available, number of 5 bedrooms homes increased by 100%. In April 2023 more than 0 listings in Willis, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.

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