$259,900
34.00 Acres
Land
Brecken Kennedy, Listing Office: Mossy Oak Properties Michigan Outdoors
Is Woodbridge Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Woodbridge Township was a Seller's Market.
Key Takeaway
Woodbridge Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Woodbridge Township, MI
How much do homes in Woodbridge Township, MI cost?
Median Sold Price
$90,500
$64/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$101,950(-53.0%)
Key Takeaway
Homes in Woodbridge Township have sold for 53% less than they did a month ago.
Summary: The median home sold price in Woodbridge Township was $90,500 in September 2024, down 53% from last month, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $209.9K | - | N/A |
| 3 Bedrooms | $275K | $90.5K | -67.1% |
| 4 Bedrooms | $175K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Woodbridge Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 67.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ransom Township | $135K | $162.5K | +20.4% |
| Woodbridge Township | $192.4K | $90.5K | -53.0% |
Housing Supply in Woodbridge Township, MI
How many homes are available in Woodbridge Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Woodbridge Township real estate market had 7 homes for sale in September 2024, a 22.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Woodbridge Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodbridge Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Woodbridge Township in September 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Woodbridge Township, MI
How long does it take to sell a home in Woodbridge Township, MI?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 41 Days | 55 Days | +31.7% |
Summary: Homes in Woodbridge Township had an average of 55 days on market in Sep 2024, up by 31.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Woodbridge Township has remained consistent over time.
Summary: During September 2024, 1 homes were sold in Woodbridge Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
