Is Winterhalter, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Winterhalter has remained a Seller's Market.
Housing Prices in Winterhalter, MI
How much do homes in Winterhalter, MI cost?
Median Sold Price
$90,000
$53/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Winterhalter was $90,000 in April 2024, up 6.3% from last year, and the median price per square foot was $53.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $50K | $33K | -34.0% |
3 Bedrooms | $70K | $82K | +17.1% |
4 Bedrooms | $160K | $110K | -31.3% |
5+ Bedrooms | $53K | $186.5K | +251.9% |
Summary: Winterhalter housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 251.9%.
Median Sold Price Compared To Nearby Neighborhoods
Mackenzie | $53K | $60K | +13.2% |
Winterhalter | $84.7K | $90K | +6.3% |
Petosky-Otsego | $67.5K | $68.5K | +1.5% |
Durfee | $152.5K | $145K | -4.9% |
Housing Supply in Winterhalter, MI
How many homes are available in Winterhalter, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 47 | -9.6% |
Summary: The Winterhalter real estate market had 47 homes for sale in April 2024, a 9.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 33 | 32 | -3.0% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Winterhalter housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Winterhalter in April 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Winterhalter, MI
How long does it take to sell a home in Winterhalter, MI?
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Winterhalter; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.