$1,781 Closing Credit*
$150,000
600 SqFt
2 Beds
•1 Full Bath
David Castillo, Listing Office: Epique Realty
Is Worth 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, Worth Township was a Neutral Market.
Key Takeaway
Worth Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Worth Township, MI
How much do homes in Worth Township, MI cost?
Median Sold Price
$195,000
$164/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$24,500(-11.2%)
Key Takeaway
Homes in Worth Township have sold for 11.2% less than they did a month ago.
Summary: The median home sold price in Worth Township was $195,000 in September 2024, down 11.2% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $196K | $155K | -20.9% |
| 3 Bedrooms | $367K | $285K | -22.3% |
| 4 Bedrooms | - | $245K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Worth 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 decreased by 20.9%, 3 bedroom homes decreased by 22.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jeddo | $287.5K | $725K | +152.2% |
| Worth Township | $219.5K | $195K | -11.2% |
Housing Supply in Worth Township, MI
How many homes are available in Worth Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 42 | 36 | -14.3% |
Summary: The Worth Township real estate market had 36 homes for sale in September 2024, a 14.3% 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 | 18 | 14 | -22.2% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Worth 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 22.2%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Worth Township, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Worth Township in September 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Worth Township, MI
How long does it take to sell a home in Worth Township, MI?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 92 Days | 72 Days | -21.9% |
Summary: Homes in Worth Township had an average of 72 days on market in Sep 2024, down by 21.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Worth Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 7 homes were sold in Worth Township; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.