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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilson Township is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Wilson Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wilson Township, MI

How much do homes in Wilson Township, MI cost?

Median Sold Price

$85,000

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$126,000(-59.7%)

Key Takeaway

Homes in Wilson Township have sold for 59.7% less than they did a year ago.

Summary: The median home sold price in Wilson Township was $85,000 in June 2024, down 59.7% from last year, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$65K
N/A
2 $194K$76K
-60.8%
3 $185.4K$95K
-48.8%
4 $285.4K$525K
+83.9%
5+ -$35K
N/A

Summary: Wilson Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 60.8%, 3 bedroom homes decreased by 48.8%, 4 bedroom homes increased by 83.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Alpena Township
+13.1%
Wilson Township
-59.7%

Housing Supply in Wilson Township, MI

How many homes are available in Wilson Township, MI?

Number of Homes For Sale

May 2024Jun 2024CHANGE
45+25.0%

Summary: The Wilson Township real estate market had 5 homes for sale in June 2024, a 25.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 22
0.0%
3 01
+100.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Wilson Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
110.0%

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 Wilson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Wilson Township in June 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wilson Township, MI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 12 Days Ago

Newest Listings in Wilson Township, MI

Nearby Markets to Wilson Township, MI

What housing markets are near Wilson Township, MI?