Is Woodland Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Woodland Township has remained a Seller's Market.
Housing Prices in Woodland Township, MI
How much do homes in Woodland Township, MI cost?
Median Sold Price
$287,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Woodland Township was $287,000 in March 2024, up 27.6% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.5K | $101K | -43.1% |
2 Bedrooms | $168.7K | $280K | +65.9% |
3 Bedrooms | $225.5K | $255.9K | +13.5% |
4 Bedrooms | $260K | $293.5K | +12.9% |
5+ Bedrooms | $170K | $325.6K | +91.5% |
Summary: Woodland Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.1%, 2 bedroom homes increased by 65.9%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 91.5%.
Median Sold Price Compared To Nearby Cities
Woodland Township | $225K | $287K | +27.6% |
Castleton Township | $160K | $182.5K | +14.1% |
Sunfield Township | $190K | $200K | +5.3% |
Odessa Township | $183.5K | $187K | +1.9% |
Housing Supply in Woodland Township, MI
How many homes are available in Woodland Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Summary: The Woodland Township real estate market had 4 homes for sale in March 2024, a 33.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Woodland Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
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 Woodland Township in March 2024, the same as the previous 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 Woodland Township, MI
How long does it take to sell a home in Woodland Township, MI?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Woodland Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.